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Short Interest in ZKH Group Limited (NYSE:ZKH) Declines By 33.1%

ZKH Group logo with Business Services background

ZKH Group Limited (NYSE:ZKH - Get Free Report) was the target of a large decrease in short interest during the month of January. As of January 15th, there was short interest totalling 18,400 shares, a decrease of 33.1% from the December 31st total of 27,500 shares. Currently, 0.0% of the company's shares are short sold. Based on an average daily volume of 49,300 shares, the short-interest ratio is currently 0.4 days.

ZKH Group Trading Up 3.3 %

ZKH traded up $0.12 during mid-day trading on Tuesday, hitting $3.62. 24,644 shares of the stock were exchanged, compared to its average volume of 32,879. The firm's fifty day moving average is $3.54 and its two-hundred day moving average is $3.42. The company has a current ratio of 1.81, a quick ratio of 1.62 and a debt-to-equity ratio of 0.05. ZKH Group has a 1-year low of $2.62 and a 1-year high of $21.91. The company has a market cap of $462.34 million, a PE ratio of -10.33 and a beta of 0.01.

ZKH Group (NYSE:ZKH - Get Free Report) last released its quarterly earnings data on Friday, November 22nd. The company reported ($0.07) EPS for the quarter. ZKH Group had a negative net margin of 2.47% and a negative return on equity of 6.86%.

Institutional Trading of ZKH Group

An institutional investor recently bought a new position in ZKH Group stock. State Street Corp purchased a new stake in ZKH Group Limited (NYSE:ZKH - Free Report) in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 12,192 shares of the company's stock, valued at approximately $45,000. 9.52% of the stock is owned by hedge funds and other institutional investors.

ZKH Group Company Profile

(Get Free Report)

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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