NextNRG Inc. (NASDAQ:NXXT) Short Interest Down 20.7% in February

Key Points

• Short interest fell 20.7% in February to 4,878,830 shares (about 11.7% of the float), leaving a short‑interest ratio of 3.7 days based on average volume.
• Insider activity: Director Daniel Ronald Arbour sold 31,446 shares on Dec. 29 (a 26.66% reduction in his stake), and corporate insiders collectively own roughly 69.1% of the company.
• Market and analyst snapshot: Shares traded around $0.52 with a $69.9M market cap and a one‑year low of $0.47, while analysts are mixed (average rating "Moderate Buy") with an average price target of $5.50.

NextNRG Inc. (NASDAQ:NXXT - Get Free Report) saw a significant decrease in short interest in February. As of February 27th, there was short interest totaling 4,878,830 shares, a decrease of 20.7% from the February 12th total of 6,154,978 shares. Based on an average trading volume of 1,314,670 shares, the short-interest ratio is presently 3.7 days. Currently, 11.7% of the company's stock are sold short. Currently, 11.7% of the company's stock are sold short. Based on an average trading volume of 1,314,670 shares, the short-interest ratio is presently 3.7 days.

Insider Activity

In related news, Director Daniel Ronald Arbour sold 31,446 shares of the firm's stock in a transaction on Monday, December 29th. The shares were sold at an average price of $1.46, for a total transaction of $45,911.16. Following the sale, the director directly owned 86,513 shares in the company, valued at $126,308.98. This trade represents a 26.66% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 69.10% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On NextNRG

A number of institutional investors and hedge funds have recently made changes to their positions in NXXT. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new stake in shares of NextNRG in the 2nd quarter valued at approximately $26,000. Intech Investment Management LLC acquired a new position in NextNRG during the second quarter worth $29,000. JPMorgan Chase & Co. acquired a new position in NextNRG during the second quarter worth $33,000. XTX Topco Ltd bought a new stake in NextNRG during the fourth quarter worth $27,000. Finally, Sovran Advisors LLC bought a new stake in NextNRG during the fourth quarter worth $29,000. Institutional investors own 10.56% of the company's stock.

NextNRG Stock Up 0.1%

Shares of NASDAQ:NXXT traded up $0.00 during midday trading on Friday, reaching $0.52. The company had a trading volume of 1,418,227 shares, compared to its average volume of 1,257,576. NextNRG has a 1-year low of $0.47 and a 1-year high of $3.59. The stock has a market cap of $69.89 million, a PE ratio of -0.26 and a beta of -0.53. The business's 50 day moving average price is $0.87 and its 200 day moving average price is $1.43.

Analyst Ratings Changes

NXXT has been the subject of a number of research analyst reports. Wall Street Zen lowered shares of NextNRG from a "hold" rating to a "sell" rating in a research note on Saturday, February 28th. Weiss Ratings restated a "sell (e+)" rating on shares of NextNRG in a report on Thursday, January 22nd. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, NextNRG has an average rating of "Moderate Buy" and an average price target of $5.50.

About NextNRG

NextNRG Corp NASDAQ: NXXT is a technology-driven energy company specializing in the design, development and deployment of turnkey microgrid solutions and distributed energy systems. The company's offerings include advanced energy storage systems, solar generation integration, and digital control platforms that allow commercial, industrial and utility customers to optimize energy reliability and reduce dependence on traditional grid infrastructure.

NextNRG's services span the full project lifecycle, encompassing initial feasibility studies, engineering and procurement, construction management, and ongoing operations and maintenance.

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