ZK International Group Co., Ltd. (NASDAQ:ZKIN) Short Interest Down 26.6% in March

ZK International Group Co., Ltd. (NASDAQ:ZKIN) was the target of a large drop in short interest during the month of March. As of March 15th, there was short interest totalling 53,200 shares, a drop of 26.6% from the February 28th total of 72,500 shares. Based on an average daily volume of 127,800 shares, the short-interest ratio is presently 0.4 days. Currently, 1.4% of the company’s stock are short sold.

ZK International Group Trading Down 4.4 %

ZK International Group stock opened at $1.31 on Monday. ZK International Group has a 12 month low of $1.21 and a 12 month high of $6.30. The stock has a fifty day simple moving average of $2.22 and a two-hundred day simple moving average of $3.39. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.26 and a quick ratio of 0.99.

About ZK International Group

ZK International Group Co, Ltd., through its subsidiaries, engages in the designing, producing, and selling double-press thin-walled stainless steel, carbon steel, and single-press tubes and fittings in the People's Republic of China. It offers carbon and stainless steel strips; carbon and stainless steel pipes; light gauge stainless steel pipes; pipe connections and fittings; and couplings, unions, adapters, caps, plug pipes, elbows, three-way fittings, tees, cross, side-inlet elbows, wyes, reducers, bushings, pipe fasteners, and pipe flanges.