Short Interest in NAMI Corp. (NASDAQ:NAMI) Decreases By 40.4%

NAMI Corp. (NASDAQ:NAMI) was the recipient of a large drop in short interest during the month of April. As of April 30th, there was short interest totaling 31,632 shares, a drop of 40.4% from the April 15th total of 53,031 shares. Based on an average trading volume of 10,233 shares, the short-interest ratio is presently 3.1 days. Currently, 0.0% of the company’s shares are short sold.

Wall Street Analyst Weigh In

Separately, Weiss Ratings lowered NAMI from a “sell (d)” rating to a “sell (d-)” rating in a research note on Wednesday, May 6th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company presently has an average rating of “Sell”.

NAMI Stock Performance

NAMI stock traded up $0.01 during trading on Monday, hitting $0.37. 44,665 shares of the company’s stock traded hands, compared to its average volume of 8,714. NAMI has a 1 year low of $0.34 and a 1 year high of $3.98. The business has a fifty day simple moving average of $0.52 and a two-hundred day simple moving average of $0.62.

NAMI (NASDAQ:NAMI) last released its quarterly earnings results on Tuesday, April 28th. The company reported ($0.06) EPS for the quarter. The firm had revenue of $14.97 million during the quarter.

NAMI Company Profile

Jinxin Technology Holding Co engages in the provision of digital content services. The company was founded in August 2015 and is headquartered in Shanghai, China.