Short Interest in Jowell Global Ltd. (NASDAQ:JWEL) Decreases By 22.5%

Jowell Global Ltd. (NASDAQ:JWEL) was the target of a large decline in short interest in the month of February. As of February 15th, there was short interest totalling 28,600 shares, a decline of 22.5% from the January 31st total of 36,900 shares. Based on an average trading volume of 31,300 shares, the short-interest ratio is presently 0.9 days. Approximately 1.6% of the shares of the company are short sold.

Institutional Trading of Jowell Global

A hedge fund recently bought a new stake in Jowell Global stock. Renaissance Technologies LLC bought a new position in shares of Jowell Global Ltd. (NASDAQ:JWEL) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 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 reporting period. 0.08% of the stock is currently owned by institutional investors.

Jowell Global Price Performance

NASDAQ JWEL traded up $0.12 during trading on Thursday, hitting $2.34. 1,974 shares of the company’s stock traded hands, compared to its average volume of 11,756. Jowell Global has a 12-month low of $1.00 and a 12-month high of $3.71. The business has a 50 day moving average of $2.93 and a 200-day moving average of $2.34.

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.