Jiuzi Holdings, Inc. (NASDAQ:JZXN - Get Free Report) saw a large decrease in short interest during the month of May. As of May 15th, there was short interest totalling 157,400 shares, a decrease of 28.5% from the April 30th total of 220,200 shares. Approximately 1.4% of the shares of the stock are sold short. Based on an average trading volume of 160,600 shares, the short-interest ratio is presently 1.0 days.
Jiuzi Stock Performance
Shares of JZXN traded up $0.20 during trading hours on Tuesday, hitting $4.47. 7,304 shares of the company were exchanged, compared to its average volume of 170,363. The firm has a fifty day simple moving average of $3.87 and a 200-day simple moving average of $3.03. Jiuzi has a one year low of $1.00 and a one year high of $7.82.
Institutional Investors Weigh In On Jiuzi
An institutional investor recently bought a new position in Jiuzi stock. XTX Topco Ltd acquired a new position in shares of Jiuzi Holdings, Inc. (NASDAQ:JZXN - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 31,904 shares of the company's stock, valued at approximately $44,000. XTX Topco Ltd owned 15.95% of Jiuzi at the end of the most recent quarter. Institutional investors and hedge funds own 0.62% of the company's stock.
About Jiuzi
(
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Jiuzi Holdings, Inc, through its subsidiary, Zhejiang Jiuzi New Energy Vehicles Co, Ltd., franchises and operates retail stores under the Jiuzi brand that sell new energy vehicles, plug-in electric vehicles, and related components and parts in the People's Republic of China. It provides corporate investment consulting services.
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