Autozi Internet Technology (Global) Ltd. (NASDAQ:AZI) Short Interest Up 1,145.8% in August

Autozi Internet Technology (Global) Ltd. (NASDAQ:AZI) was the recipient of a large growth in short interest in August. As of August 14th, there was short interest totaling 260,667 shares, a growth of 1,145.8% from the July 30th total of 20,923 shares. Approximately 104.3% of the company’s shares are short sold. Based on an average daily volume of 8,555,242 shares, the short-interest ratio is presently 0.0 days.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on AZI shares. Wall Street Zen raised shares of Autozi Internet Technology (Global) to a “sell” rating in a research note on Saturday, August 15th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Autozi Internet Technology (Global) in a research report on Friday, July 17th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company currently has a consensus rating of “Sell”.

Autozi Internet Technology (Global) Price Performance

Shares of AZI opened at $1.31 on Wednesday. The firm has a 50 day moving average of $1.46 and a 200 day moving average of $2.39. Autozi Internet Technology has a twelve month low of $1.00 and a twelve month high of $120.00.

About Autozi Internet Technology (Global)

Autozi Internet Technology (Global) Ltd., through its subsidiaries, provides professional one-stop automotive products and services through online and offline channels in the People’s Republic of China. It sells new cars, and auto parts and accessories, as well as offers automotive insurance related services. The company was founded in 2010 and is based in Beijing, China.