Jason Industries, Inc. (NASDAQ:JASN) last traded at $1.83 having a low of $1.76 and a high of $1.95. The change makes the stock one of the day’s most volatile.
Shares are trading at $1.83 significantly higher than the 50 day moving average which is $1.57 and which is significantly higher than the 200 day moving average of $1.36. The 50 day moving average went up $0.26 or +16.7372% whereas the 200 day moving average was up $0.47 or +34.7078%.
Short traders are more bullish on shares of Jason Industries, Inc. if you put credence in the fall in short interest. The stock had a fall in short interest from September 15, 2017 to September 29, 2017 of -63.04%. Short interest decreased 57,700 over that timeframe. Days to cover decreased -2.0 to 0.0 and the short interest percentage is 0.00% as of September 29.
Jason Industries, Inc. (Jason Industries), formerly Quinpario Acquisition Corp., launched on May 31, 2013, is an industrial manufacturing company. The Company operates through four business segments: seating, finishing, acoustics and components. The seating segment supplies seating solutions to equipment manufacturers in various markets. The finishing segment focuses on the production of industrial brushes, buffing wheels and buffing compounds that are used in a range of industrial and infrastructure applications. The acoustics segment manufactures acoustical products. The components segment is a manufacturer of metal components and subassemblies. Jason Industries provides components and manufacturing solutions to customers across a range of end markets, industries and geographies through a global network of over 30 manufacturing facilities and over 20 sales offices, warehouses and joint venture facilities across the United States, and over 10 foreign countries..