ZJK Industrial (NASDAQ:ZJK) Trading Down 5.8% – Here’s What Happened

ZJK Industrial Co., Ltd. (NASDAQ:ZJKGet Free Report)’s stock price dropped 5.8% on Tuesday . The company traded as low as $8.26 and last traded at $8.44. 51,576 shares were traded during mid-day trading, a decline of 83% from the average session volume of 309,948 shares. The stock had previously closed at $8.95.

ZJK Industrial Trading Down 10.6 %

The firm has a 50 day moving average price of $9.26.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in ZJK Industrial stock. Murchinson Ltd. bought a new position in ZJK Industrial Co., Ltd. (NASDAQ:ZJKFree Report) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 35,000 shares of the company’s stock, valued at approximately $175,000. Murchinson Ltd. owned approximately 0.06% of ZJK Industrial at the end of the most recent quarter.

ZJK Industrial Company Profile

(Get Free Report)

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.

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