ZKH Group Limited (NYSE:ZKH - Get Free Report) was the recipient of a significant growth in short interest during the month of March. As of March 15th, there was short interest totalling 9,400 shares, a growth of 19.0% from the February 28th total of 7,900 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average trading volume of 45,100 shares, the short-interest ratio is presently 0.2 days.
Institutional Trading of ZKH Group
Several institutional investors have recently added to or reduced their stakes in the company. State Street Corp bought a new position in ZKH Group during the 3rd quarter worth $45,000. Invesco Ltd. acquired a new stake in ZKH Group in the 4th quarter worth about $299,000. Finally, FIL Ltd boosted its holdings in ZKH Group by 30.0% in the 4th quarter. FIL Ltd now owns 3,845,797 shares of the company's stock valued at $13,499,000 after purchasing an additional 888,000 shares during the period. 9.52% of the stock is currently owned by institutional investors.
ZKH Group Stock Performance
Shares of NYSE:ZKH traded down $0.07 during trading on Monday, reaching $3.27. 51,555 shares of the stock were exchanged, compared to its average volume of 83,555. ZKH Group has a 12 month low of $2.62 and a 12 month high of $17.70. The stock has a 50-day moving average price of $3.55 and a 200-day moving average price of $3.58. The company has a current ratio of 1.81, a quick ratio of 1.62 and a debt-to-equity ratio of 0.05. The firm has a market cap of $528.71 million, a PE ratio of -9.34 and a beta of -0.21.
ZKH Group Company Profile
(
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ZKH Group Limited develops and operates a maintenance, repair, and operating (MRO) products trading and service platform that offers spare parts, chemicals, manufacturing parts, general consumables, and office supplies in the People's Republic of China. The company provides MRO procurement and management services; digitalized MRO procurement solutions; and logistics and warehousing services.
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