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Jianzhi Education Technology Group Company Limited (NASDAQ: JZ) saw a 2.5% increase in its share price during Thursday’s trading session. The stock reached a high of $1.23 and closed at $1.23, with 3,851 shares changing hands. This marked a 75% decrease from the average daily trading volume of 15,112 shares.

Hedge funds have also shown interest in Jianzhi Education Technology Group, with Yiheng Capital Management L.P. acquiring a new stake in the company. The institutional investor purchased 25,702 shares of Jianzhi Education Technology Group stock, valued at approximately $58,000.

Jianzhi Education Technology Group develops educational content products and IT services for higher education institutions in China. They provide customized IT system services, procurement and assembling services for equipment, digital content for vocational training, and educational resources and course content. The company also offers technological support and maintenance services to its clients

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