Short Interest in Niu Technologies (NASDAQ:NIU) Rises By 46.8%

Key Points

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Niu Technologies (NASDAQ:NIU - Get Free Report) was the target of a significant increase in short interest during the month of July. As of July 31st, there was short interest totaling 2,040,000 shares, anincreaseof46.8% from the July 15th total of 1,390,000 shares. Approximately2.9% of the company's stock are short sold. Based on an average daily trading volume, of 920,400 shares, the short-interest ratio is presently 2.2 days. Based on an average daily trading volume, of 920,400 shares, the short-interest ratio is presently 2.2 days. Approximately2.9% of the company's stock are short sold.

Institutional Trading of Niu Technologies

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Sei Investments Co. bought a new stake in shares of Niu Technologies in the second quarter worth $40,000. OMERS ADMINISTRATION Corp bought a new stake in shares of Niu Technologies in the second quarter worth $45,000. Nomura Holdings Inc. acquired a new position in Niu Technologies in the second quarter worth $51,000. E Fund Management Co. Ltd. acquired a new position in shares of Niu Technologies during the second quarter valued at $54,000. Finally, Bank of America Corp DE boosted its holdings in shares of Niu Technologies by 7.4% during the fourth quarter. Bank of America Corp DE now owns 243,652 shares of the company's stock valued at $436,000 after acquiring an additional 16,736 shares during the period. Institutional investors own 75.06% of the company's stock.

Niu Technologies Price Performance

Shares of NASDAQ:NIU traded down $0.13 during midday trading on Friday, reaching $4.52. The company had a trading volume of 621,660 shares, compared to its average volume of 851,789. The stock's fifty day moving average price is $3.78 and its 200-day moving average price is $3.40. The stock has a market capitalization of $352.20 million, a P/E ratio of -17.38 and a beta of -0.35. Niu Technologies has a one year low of $1.66 and a one year high of $5.37.

Niu Technologies (NASDAQ:NIU - Get Free Report) last issued its quarterly earnings results on Monday, August 11th. The company reported $0.01 earnings per share (EPS) for the quarter. The business had revenue of $175.29 million during the quarter. Niu Technologies had a negative net margin of 3.85% and a negative return on equity of 15.68%. Niu Technologies has set its Q3 2025 guidance at EPS.

About Niu Technologies

Niu Technologies designs, manufactures, and sells electric scooters in the People's Republic of China, Europe, and internationally. The company offers RQi, NQi, MQi, SQi, UQi, F, and Gova series smart electric scooters, motorcycles, mopeds, and bicycles; KQi series kick-scooters; BQi series e-bikes; and Niu Aero Sports Bicycles.