Short Interest in Nisun International Enterprise Development Group Co., Ltd (NASDAQ:AIOS) Decreases By 89.4%

Nisun International Enterprise Development Group Co., Ltd (NASDAQ:AIOS) saw a large decline in short interest during the month of April. As of April 30th, there was short interest totaling 6,527 shares, a decline of 89.4% from the April 15th total of 61,508 shares. Based on an average daily volume of 18,732 shares, the days-to-cover ratio is currently 0.3 days. Currently, 2.8% of the shares of the stock are sold short.

Analysts Set New Price Targets

Separately, Weiss Ratings downgraded shares of Nisun International Enterprise Development Group from a “sell (d)” rating to a “sell (e+)” rating in a research note on Friday, April 24th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Nisun International Enterprise Development Group has a consensus rating of “Sell”.

Nisun International Enterprise Development Group Stock Performance

Shares of NASDAQ:AIOS traded down $0.61 during midday trading on Tuesday, hitting $17.33. The company had a trading volume of 20,558 shares, compared to its average volume of 179,243. Nisun International Enterprise Development Group has a twelve month low of $6.54 and a twelve month high of $118.53. The firm’s 50-day moving average is $12.46.

Nisun International Enterprise Development Group (NASDAQ:AIOS) last released its quarterly earnings data on Monday, April 20th. The company reported ($323.40) earnings per share for the quarter. The business had revenue of ($43.00) million during the quarter.

Nisun International Enterprise Development Group Company Profile

Nisun International Enterprise Development Group Co, Ltd, an investment holding company, provides technology-driven integrated supply chain solutions for enterprises and financial institutions in the People’s Republic of China and internationally. It offers professional solutions for technology supply chain management, technology asset routing, and digital transformation of tech and finance institutions. The company also provides a range of technology-driven customized financing solutions to small- and mid-sized enterprises (SMEs) to enhance SMEs’ access to capital through its closed-loop ecosystem built on fintech platforms; and direct banking solutions to small- and medium-sized commercial banks and other financial institutions in their distribution and management of direct banking and other financial products.