What’s Propelling Jmu Limited – Ads (NASDAQ:JMU) After Lower Shorts Reported?

The stock of Jmu Limited – Ads (NASDAQ:JMU) registered a decrease of 0.78% in short interest. JMU’s total short interest was 422,500 shares in September as published by FINRA. Its down 0.78% from 425,800 shares, reported previously. With 238,600 shares average volume, it will take short sellers 2 days to cover their JMU’s short positions.

The stock increased 3.70% or $0.04 during the last trading session, reaching $1.12. About 55,880 shares traded or 66.08% up from the average. JMU Limited (NASDAQ:JMU) has declined 62.06% since September 13, 2018 and is downtrending. It has underperformed by 62.06% the S&P500.

JMU Limited operates a business-to-business online e-commerce platform that provides integrated services to suppliers and clients in the catering industry in the People's Republic of China. The company has market cap of $13.12 million. The companyÂ’s platform networking services focus on local entertainment and lifestyle services, such as restaurants, movie theaters, and beauty salons, as well as allow local merchants to create online stores and make direct sales to their target clients for consumption at their brick and mortar stores. It currently has negative earnings. It primarily offers food ingredients, seasonings, alcoholic and non-alcoholic drinks, hotel appliances, tableware, kitchen appliances, office appliances, furniture, hotel and restaurant decoration, and hotel and restaurant information systems through its ccjoin.com Website, as well as mobile applications.

More notable recent JMU Limited (NASDAQ:JMU) news were published by: Prnewswire.com which released: “JMU Announces ADS Ratio Change – PR Newswire” on August 01, 2018, also Seekingalpha.com with their article: “ARRY, DY, QD and DQ among notable midday movers – Seeking Alpha” published on May 21, 2019, Seekingalpha.com published: “AOBC, AMBA, ULTA and MSGN among midday movers – Seeking Alpha” on August 30, 2019. More interesting news about JMU Limited (NASDAQ:JMU) were released by: Benzinga.com and their article: “24 Stocks Moving In Monday’s Pre-Market Session – Benzinga” published on April 08, 2019 as well as Nasdaq.com‘s news article titled: “Asian ADRs Move Higher in Wednesday Trading – Nasdaq” with publication date: December 26, 2018.

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