Zhengye Biotechnology Holding Limited ( NASDAQ:ZYBT – Get Free Report ) was the target of a significant drop in short interest during the month of October. As of October 15th, there was short interest totaling 67,594 shares, a drop of 41.3% from the September 30th total of 115,090 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily volume of 3,118,131 shares, the short-interest ratio is currently 0.0 days.
Zhengye Biotechnology Trading Up 2.3%
NASDAQ ZYBT opened at $1.33 on Tuesday. The business’s fifty day moving average is $1.46 and its 200 day moving average is $1.16. Zhengye Biotechnology has a fifty-two week low of $0.62 and a fifty-two week high of $8.01.
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Analyst Ratings Changes
Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of Zhengye Biotechnology in a research note on Friday, October 16th. One analyst has rated the stock with a Sell rating. According to MarketBeat.com, Zhengye Biotechnology presently has a consensus rating of “Sell”.
About Zhengye Biotechnology
( Get Free Report )
Zhengye Biotechnology Group Co, Ltd. is a China-based biotechnology company focused on developi...