Jowell Global Ltd. (NASDAQ:JWEL) Short Interest Down 22.5% in February

Jowell Global Ltd. (NASDAQ:JWEL) saw a significant decrease in short interest in February. As of February 15th, there was short interest totalling 28,600 shares, a decrease of 22.5% from the January 31st total of 36,900 shares. Currently, 1.6% of the company’s shares are sold short. Based on an average daily trading volume, of 31,300 shares, the days-to-cover ratio is currently 0.9 days.

Hedge Funds Weigh In On Jowell Global

An institutional investor recently bought a new position in Jowell Global stock. Renaissance Technologies LLC purchased a new stake in shares of Jowell Global Ltd. (NASDAQ:JWEL) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 11,500 shares of the company’s stock, valued at approximately $36,000. Renaissance Technologies LLC owned approximately 0.53% of Jowell Global at the end of the most recent quarter. Hedge funds and other institutional investors own 0.08% of the company’s stock.

Jowell Global Price Performance

Jowell Global stock opened at $2.70 on Tuesday. Jowell Global has a fifty-two week low of $1.00 and a fifty-two week high of $3.71. The firm’s 50 day simple moving average is $2.93 and its 200-day simple moving average is $2.33.

Jowell Global Company Profile

Jowell Global Ltd. engages in the online retail of cosmetics, health and nutritional supplements, and household products in China. It also sells skin care, body care, and baby and children's products; washing items; fragrances; food products; electronics; and apparel. In addition, it sells its products through retail stores under the Love Home Store, LHH Store, and Juhao Best Choice Store brand names.