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ZJK Industrial (NASDAQ:ZJK) Shares Gap Down - Here's What Happened

ZJK Industrial logo with Industrial Products background

Shares of ZJK Industrial Co., Ltd. (NASDAQ:ZJK - Get Free Report) gapped down prior to trading on Wednesday . The stock had previously closed at $10.00, but opened at $9.51. ZJK Industrial shares last traded at $9.43, with a volume of 69,966 shares trading hands.

ZJK Industrial Stock Down 14.4 %

The stock has a 50-day moving average of $6.74.

Hedge Funds Weigh In On ZJK Industrial

An institutional investor recently bought a new position in ZJK Industrial stock. Murchinson Ltd. acquired a new stake in shares of ZJK Industrial Co., Ltd. (NASDAQ:ZJK - Free Report) during the third quarter, according to its most recent filing with the Securities and Exchange Commission. 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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