INLIF Limited (NASDAQ:INLF) Sees Significant Growth in Short Interest
by Sarita Garza · The Markets DailyINLIF Limited (NASDAQ:INLF – Get Free Report) was the recipient of a significant growth in short interest in June. As of June 30th, there was short interest totaling 426,209 shares, a growth of 625.4% from the June 15th total of 58,753 shares. Based on an average daily trading volume, of 500,610,857 shares, the short-interest ratio is presently 0.0 days. Currently, 608.9% of the company’s stock are sold short.
INLIF Trading Down 10.2%
INLF stock traded down $0.35 during trading on Monday, reaching $3.08. The stock had a trading volume of 74,881 shares, compared to its average volume of 266,180. INLIF has a one year low of $2.98 and a one year high of $4,599.04. The company’s 50 day moving average is $521.01 and its two-hundred day moving average is $1,006.44.
Wall Street Analyst Weigh In
Separately, Weiss Ratings downgraded shares of INLIF from a “sell (d)” rating to a “sell (d-)” rating in a research report on Thursday, June 25th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock has a consensus rating of “Sell”.
View Our Latest Stock Report on INLIF
INLIF Company Profile
INLIF Ltd. is a holding company, which engages in the development of injection molding machine-dedicated manipulator arms. Its products include: Three-axis robot, Five-axis robot and bull head type manipulator. The company was founded on January 4, 2023 and is headquartered in Quanzhou, China.