ZJK Industrial Co., Ltd. (NASDAQ:ZJK - Get Free Report) shares were down 10% on Wednesday . The company traded as low as $11.11 and last traded at $11.20. Approximately 353,102 shares traded hands during mid-day trading, a decline of 62% from the average daily volume of 925,793 shares. The stock had previously closed at $12.45.
ZJK Industrial Stock Performance
The stock's 50-day simple moving average is $6.43.
Institutional Trading of ZJK Industrial
A hedge fund recently bought a new stake in ZJK Industrial stock. Murchinson Ltd. acquired a new position in shares of ZJK Industrial Co., Ltd. (NASDAQ:ZJK - Free Report) during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 35,000 shares of the company's stock, valued at approximately $175,000. Murchinson Ltd. owned about 0.06% of ZJK Industrial at the end of the most recent reporting period.
About ZJK Industrial
(
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ZJK Industrial Co Ltd. is a high-tech enterprise specialized in manufacturing and sale of precision fasteners, structural parts and other precision metal parts products applied in a variety of industries, including intelligent electronic equipment, new energy vehicles, aerospace, energy storage systems and liquid cooling systems used in artificial intelligence supercomputers.
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