Next Technology Holding Inc. (NASDAQ:NXTT - Get Free Report) saw a significant increase in short interest in May. As of May 15th, there was short interest totalling 974,800 shares, an increase of 3,768.3% from the April 30th total of 25,200 shares. Approximately 0.3% of the shares of the company are short sold. Based on an average trading volume of 6,250,000 shares, the days-to-cover ratio is currently 0.2 days.
Next Technology Stock Performance
NASDAQ NXTT remained flat at $1.91 during mid-day trading on Monday. 468,002 shares of the company were exchanged, compared to its average volume of 1,790,716. The business has a 50-day simple moving average of $0.91 and a 200 day simple moving average of $1.43. Next Technology has a 12-month low of $0.22 and a 12-month high of $6.00.
Next Technology (NASDAQ:NXTT - Get Free Report) last posted its earnings results on Friday, May 9th. The company reported ($0.01) earnings per share (EPS) for the quarter.
Wall Street Analyst Weigh In
Separately, Wall Street Zen upgraded Next Technology to a "hold" rating in a research report on Thursday, May 22nd.
Read Our Latest Stock Analysis on Next Technology
Next Technology Company Profile
(
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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.
Further Reading
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