China Jo-Jo Drugstores, Inc. (NASDAQ:CJJD – Get Free Report) was the target of a large growth in short interest in the month of October. As of October 15th, there was short interest totalling 19,200 shares, a growth of 3,740.0% from the September 30th total of 500 shares. Currently, 0.3% of the company’s shares are short sold. Based on an average trading volume of 15,400 shares, the short-interest ratio is currently 1.2 days.
Analysts Set New Price Targets
Separately, StockNews.com assumed coverage on shares of China Jo-Jo Drugstores in a research report on Monday. They issued a “sell” rating for the company.
Read Our Latest Analysis on CJJD
China Jo-Jo Drugstores Stock Up 15.5 %
China Jo-Jo Drugstores Company Profile
China Jo-Jo Drugstores, Inc, together with its subsidiaries, operates as a retailer and distributor of pharmaceutical and other healthcare products in the People's Republic of China. The company operates through four segments: Retail Drugstores, Online Pharmacy, Drug Wholesale, and Herb Farming.
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