Zhibao Technology Inc. (NASDAQ:ZBAO) Short Interest Update
by Doug Wharley · The Cerbat GemZhibao Technology Inc. (NASDAQ:ZBAO – Get Free Report) was the recipient of a significant decline in short interest in March. As of March 31st, there was short interest totaling 1,345 shares, a decline of 97.2% from the March 15th total of 47,382 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 66,585 shares, the short-interest ratio is currently 0.0 days.
Zhibao Technology Stock Up 2.6%
Shares of NASDAQ:ZBAO traded up $0.02 on Friday, hitting $0.76. The company had a trading volume of 836,271 shares, compared to its average volume of 62,140. Zhibao Technology has a 52-week low of $0.64 and a 52-week high of $1.39. The business has a 50 day moving average of $0.84 and a 200 day moving average of $0.93.
Zhibao Technology (NASDAQ:ZBAO – Get Free Report) last issued its quarterly earnings results on Tuesday, March 31st. The company reported ($0.01) earnings per share for the quarter. The business had revenue of $14.72 million during the quarter. As a group, equities research analysts forecast that Zhibao Technology will post 0.06 earnings per share for the current fiscal year.
Wall Street Analyst Weigh In
Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Zhibao Technology in a research note on Monday, December 29th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the stock presently has a consensus rating of “Sell”.
Read Our Latest Report on ZBAO
Zhibao Technology Company Profile
Zhibao Technology Inc, through its subsidiaries, provides digital insurance brokerage services in China. It also offers managing general underwriter services; and offline insurance brokerage consulting services. The company was founded in 2015 and is based in Shanghai, China.