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Short Interest in Zhibao Technology Inc. (NASDAQ:ZBAO) Expands By 30.7%

Zhibao Technology logo with Finance background

Zhibao Technology Inc. (NASDAQ:ZBAO - Get Free Report) saw a large growth in short interest in November. As of November 30th, there was short interest totalling 43,800 shares, a growth of 30.7% from the November 15th total of 33,500 shares. Approximately 0.5% of the company's stock are short sold. Based on an average trading volume of 213,600 shares, the days-to-cover ratio is currently 0.2 days.

Zhibao Technology Stock Performance

Shares of ZBAO stock traded down $0.28 during trading on Friday, reaching $2.25. The company's stock had a trading volume of 49,307 shares, compared to its average volume of 89,236. Zhibao Technology has a one year low of $2.05 and a one year high of $5.70. The business has a fifty day moving average price of $3.18 and a 200-day moving average price of $3.60.

Zhibao Technology Company Profile

(Get Free Report)

Zhibao Technology Inc, through its subsidiaries, provides digital insurance brokerage services in China. It also offers managing general underwriter services; and offline insurance brokerage consulting services. The company was founded in 2015 and is based in Shanghai, China.

Further Reading

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