NXT Energy Solutions Inc. (OTCMKTS:NSFDF) Short Interest Update

Key Points

• NXT Energy Solutions Inc. (OTCMKTS:NSFDF) experienced a significant increase in short interest in July, rising by 63.7% from 20,400 to 33,400 shares.
• The company's stock price was $0.63 during midday trading, with a 12-month high of $0.67 and a market cap of approximately $68.90 million.
• NXT Energy Solutions reported a loss of $0.06 EPS for its most recent quarter, alongside revenue of $1.20 million.

NXT Energy Solutions Inc. (OTCMKTS:NSFDF - Get Free Report) saw a significant increase in short interest during the month of July. As of July 31st, there was short interest totaling 33,400 shares, anincreaseof63.7% from the July 15th total of 20,400 shares. Based on an average daily trading volume, of 12,800 shares, the short-interest ratio is currently 2.6 days. Approximately0.0% of the shares of the stock are short sold. Approximately0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 12,800 shares, the short-interest ratio is currently 2.6 days.

NXT Energy Solutions Price Performance

NXT Energy Solutions stock traded down $0.01 during midday trading on Monday, reaching $0.63. 1,382 shares of the stock traded hands, compared to its average volume of 11,594. The stock's fifty day moving average is $0.51 and its 200-day moving average is $0.32. NXT Energy Solutions has a 12 month low of $0.10 and a 12 month high of $0.67. The stock has a market cap of $68.90 million, a P/E ratio of -15.81 and a beta of 1.55. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.71.

NXT Energy Solutions (OTCMKTS:NSFDF - Get Free Report) last announced its quarterly earnings results on Monday, August 11th. The energy company reported ($0.06) EPS for the quarter. The company had revenue of $1.20 million during the quarter.

About NXT Energy Solutions

NXT Energy Solutions Inc, a technology company, provides services to the oil and gas industry through its proprietary stress field detection (SFD) technology worldwide. Its SFD technology, a remote sensing airborne survey system utilizes quantum-scale sensors to detect gravity field perturbations in an airborne survey method which can be used onshore and offshore to remotely identify traps and reservoirs with hydrocarbon and geothermal exploration potential.

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