Nayax Ltd. (NASDAQ:NYAX) Short Interest Update

Nayax Ltd. (NASDAQ:NYAX - Get Free Report) was the recipient of a large drop in short interest in March. As of March 31st, there was short interest totalling 700 shares, a drop of 76.7% from the March 15th total of 3,000 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 8,600 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Trading of Nayax

Several large investors have recently added to or reduced their stakes in NYAX. Barclays PLC boosted its position in Nayax by 873.7% in the 2nd quarter. Barclays PLC now owns 1,480 shares of the company's stock valued at $28,000 after buying an additional 1,328 shares during the last quarter. Ibex Investors LLC increased its holdings in Nayax by 0.5% during the 3rd quarter. Ibex Investors LLC now owns 303,640 shares of the company's stock worth $7,031,000 after purchasing an additional 1,500 shares during the last quarter. Tower Research Capital LLC TRC acquired a new position in shares of Nayax in the 3rd quarter valued at approximately $47,000. Credit Suisse AG acquired a new stake in shares of Nayax during the third quarter worth approximately $123,000. Finally, Citigroup Inc. increased its stake in shares of Nayax by 1,334.9% in the first quarter. Citigroup Inc. now owns 5,625 shares of the company's stock worth $95,000 after buying an additional 5,233 shares during the last quarter. 34.87% of the stock is currently owned by institutional investors and hedge funds.

Nayax Price Performance

Shares of NYAX stock traded up $0.33 during trading hours on Wednesday, hitting $25.45. The company's stock had a trading volume of 14,023 shares, compared to its average volume of 10,731. The company has a current ratio of 1.00, a quick ratio of 0.90 and a debt-to-equity ratio of 0.19. The business has a fifty day moving average of $26.29 and a 200-day moving average of $22.42. Nayax has a twelve month low of $16.38 and a twelve month high of $30.99. The stock has a market cap of $835.96 million, a price-to-earnings ratio of -53.02 and a beta of 0.07.

Nayax (NASDAQ:NYAX - Get Free Report) last posted its quarterly earnings data on Wednesday, February 28th. The company reported ($0.10) earnings per share for the quarter, missing analysts' consensus estimates of ($0.06) by ($0.04). Nayax had a negative net margin of 6.75% and a negative return on equity of 15.96%. The firm had revenue of $66.60 million during the quarter, compared to analyst estimates of $67.50 million. As a group, equities research analysts anticipate that Nayax will post 0.08 EPS for the current year.

Nayax Company Profile

Nayax Ltd., a fintech company, operates system and payment platform for multiple retailers in the United States, Europe, the United Kingdom, Australia, Israel, and rest of the world. The company offers AMIT 3.0, a machine-to-machine vending telemetry solution; Nayax Core, a management and monitoring software for vending machines and other unattended machines; MoMa, a mobile app for unattended machine; Tigapo back-office software suite, a cloud-based platform; EV Core, a smart, cloud-based management platform; Retail Management Cloud, a comprehensive attended retail management platform; Loyalty and Marketing Suite, a consumer engagement marketing and loyalty platform; Monyx Wallet, a digital wallet app enabling cashless payments with mobile phones; Weezmo, a consumer engagement and marketing platform; and Tigapo app, a proprietary mobile app to help family entertainment center businesses.

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