NAMI Corp. (NASDAQ:NAMI) Short Interest Update

Key Points

• NAMI Corp. experienced a significant decline in short interest, dropping by 30.7% from 40,100 shares to 27,800 shares in September.
• XTX Topco Ltd recently established a new position, purchasing 26,778 shares of NAMI stock valued at approximately $75,000.
• Weiss Ratings reaffirmed a "sell (d-)" rating for NAMI, with the consensus rating currently being a "Sell."

NAMI Corp. (NASDAQ:NAMI - Get Free Report) was the target of a significant decline in short interest in September. As of September 30th, there was short interest totaling 27,800 shares, a decline of 30.7% from the September 15th total of 40,100 shares. Based on an average daily volume of 789,700 shares, the short-interest ratio is presently 0.0 days. Based on an average daily volume of 789,700 shares, the short-interest ratio is presently 0.0 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in NAMI stock. XTX Topco Ltd bought a new position in shares of NAMI Corp. (NASDAQ:NAMI - Free Report) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 26,778 shares of the company's stock, valued at approximately $75,000.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a "sell (d-)" rating on shares of NAMI in a report on Wednesday, October 8th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, NAMI currently has a consensus rating of "Sell".

NAMI Stock Down 4.1%

Shares of NAMI stock traded down $0.04 during trading hours on Thursday, reaching $0.92. The stock had a trading volume of 27,234 shares, compared to its average volume of 333,716. The firm has a 50-day simple moving average of $1.04 and a 200-day simple moving average of $1.61. NAMI has a twelve month low of $0.84 and a twelve month high of $7.75.

NAMI declared that its board has initiated a stock repurchase plan on Wednesday, October 22nd that authorizes the company to repurchase $0.00 in shares. This repurchase authorization authorizes the company to repurchase shares of its stock through open market purchases. Stock repurchase plans are usually a sign that the company's board of directors believes its stock is undervalued.

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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