Next Technology Holding Inc. (NASDAQ:NXTT) Sees Large Decrease in Short Interest

Next Technology Holding Inc. (NASDAQ:NXTTGet Free Report) saw a significant decrease in short interest in the month of May. As of May 31st, there was short interest totalling 457,900 shares, a decrease of 53.0% from the May 15th total of 974,800 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 6,100,000 shares, the days-to-cover ratio is currently 0.1 days.

Next Technology Price Performance

Next Technology stock traded up $0.19 during trading on Monday, hitting $1.40. The stock had a trading volume of 594,602 shares, compared to its average volume of 1,836,277. The stock’s 50 day moving average is $1.15 and its two-hundred day moving average is $1.38. Next Technology has a 1 year low of $0.22 and a 1 year high of $6.00.

Next Technology (NASDAQ:NXTTGet Free Report) last issued its quarterly earnings results on Friday, May 9th. The company reported ($0.01) EPS for the quarter.

Analysts Set New Price Targets

Separately, Wall Street Zen raised shares of Next Technology to a “hold” rating in a research report on Thursday, May 22nd.

Check Out Our Latest Stock Report on Next Technology

About Next Technology

(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.

Further Reading

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