ZJK Industrial Co., Ltd.’s (NASDAQ:ZJK) Lock-Up Period Set To End on March 31st

ZJK Industrial’s (NASDAQ:ZJK) lock-up period will end on Monday, March 31st. ZJK Industrial had issued 1,250,000 shares in its public offering on September 30th. The total size of the offering was $6,250,000 based on an initial share price of $5.00. Shares of the company owned by company insiders and major shareholders will be eligible for trade following the expiration of the lock-up period.

ZJK Industrial Trading Up 5.1 %

Shares of ZJK Industrial stock opened at $4.70 on Monday. ZJK Industrial has a 12-month low of $4.00 and a 12-month high of $30.50. The firm’s fifty day moving average is $7.36.

Hedge Funds Weigh In On ZJK Industrial

An institutional investor recently bought a new position in ZJK Industrial stock. Murchinson Ltd. acquired a new stake in shares of ZJK Industrial Co., Ltd. (NASDAQ:ZJK) during the 3rd quarter, according to its most recent disclosure with the SEC. The fund acquired 35,000 shares of the company’s stock, valued at approximately $175,000. Murchinson Ltd. owned approximately 0.06% of ZJK Industrial as of its most recent filing with the SEC.

About ZJK Industrial

ZJK Industrial Co Ltd. is a high-tech enterprise specialized in manufacturing and sale of precision fasteners, structural parts and other precision metal parts products applied in a variety of industries, including intelligent electronic equipment, new energy vehicles, aerospace, energy storage systems and liquid cooling systems used in artificial intelligence supercomputers.