Next Technology Holding Inc. (NASDAQ:NXTT - Get Free Report) was the recipient of a significant drop in short interest in the month of May. As of May 31st, there was short interest totalling 457,900 shares, a drop of 53.0% from the May 15th total of 974,800 shares. Based on an average daily trading volume, of 6,100,000 shares, the short-interest ratio is presently 0.1 days. Approximately 0.1% of the company's shares are short sold.
Wall Street Analyst Weigh In
Separately, Wall Street Zen raised shares of Next Technology to a "hold" rating in a research note on Thursday, May 22nd.
View Our Latest Research Report on Next Technology
Next Technology Stock Performance
Next Technology stock traded down $0.10 during midday trading on Friday, hitting $1.21. 296,545 shares of the stock were exchanged, compared to its average volume of 1,833,970. The company has a 50 day moving average price of $1.15 and a two-hundred day moving average price of $1.39. Next Technology has a 1 year low of $0.22 and a 1 year high of $6.00.
Next Technology (NASDAQ:NXTT - Get Free Report) last released its earnings results on Friday, May 9th. The company reported ($0.01) earnings per share for the quarter.
Next Technology Company Profile
(
Get Free Report)
Next Technology Holding Inc provides technical services and solutions through its social e-commerce platform primarily in Mainland China. It offers YCloud, a micro-business cloud intelligent internationalization system that conducts multi-channel data analysis through the learning of big data and social recommendation relationships, as well as provides users with AI fission and management systems, and supply chain systems.
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