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ZJK Industrial (NASDAQ:ZJK) Trading Down 8.3% - Here's What Happened

ZJK Industrial logo with Industrial Products background

Shares of ZJK Industrial Co., Ltd. (NASDAQ:ZJK - Get Free Report) fell 8.3% on Tuesday . The stock traded as low as $10.10 and last traded at $10.11. 130,873 shares changed hands during trading, a decline of 85% from the average session volume of 878,099 shares. The stock had previously closed at $11.03.

ZJK Industrial Price Performance

The business's fifty day simple moving average is $6.64.

Hedge Funds Weigh In On ZJK Industrial

A hedge fund recently bought a new stake in ZJK Industrial stock. Murchinson Ltd. acquired a new stake in ZJK Industrial Co., Ltd. (NASDAQ:ZJK - Free Report) in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor 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.

ZJK Industrial Company Profile

(Get Free Report)

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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