NAMI Corp. (NASDAQ:NAMI) Short Interest Update

Key Points

• NAMI Corp. experienced a significant drop in short interest, declining by 74.6% from August 31st to September 15th, with short interest totaling 40,100 shares.
• Millennium Management LLC purchased 18,557 shares of NAMI stock during the fourth quarter, indicating institutional interest in the company.
• Wall Street Zen downgraded NAMI from a "buy" rating to a "hold" rating in early June, reflecting a change in analyst sentiment.

NAMI Corp. (NASDAQ:NAMI - Get Free Report) saw a large drop in short interest in the month of September. As of September 15th, there was short interest totaling 40,100 shares, a drop of 74.6% from the August 31st total of 157,600 shares. Based on an average daily volume of 786,900 shares, the short-interest ratio is presently 0.1 days. Based on an average daily volume of 786,900 shares, the short-interest ratio is presently 0.1 days.

Hedge Funds Weigh In On NAMI

An institutional investor recently bought a new position in NAMI stock. Millennium Management LLC purchased a new position in shares of NAMI Corp. (NASDAQ:NAMI - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 18,557 shares of the company's stock, valued at approximately $76,000.

NAMI Stock Performance

NAMI stock opened at $1.02 on Wednesday. NAMI has a one year low of $0.84 and a one year high of $7.75. The firm's fifty day moving average is $1.05 and its 200 day moving average is $1.82.

Analyst Ratings Changes

Separately, Wall Street Zen downgraded NAMI from a "buy" rating to a "hold" rating in a research note on Sunday, June 8th.

NAMI Company Profile

Jinxin Technology Holding Co engages in the provision of digital content services. The company was founded in August 2015 and is headquartered in Shanghai, China.

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