NAMI Corp. (NASDAQ:NAMI) Short Interest Update

NAMI Corp. (NASDAQ:NAMI) saw a large drop in short interest in the month of August. As of August 31st, there was short interest totaling 46,747 shares, a drop of 45.7% from the August 15th total of 86,062 shares. Approximately 1.5% of the shares of the company are short sold. Based on an average daily trading volume, of 71,289 shares, the short-interest ratio is currently 0.7 days.

Wall Street Analyst Weigh In

Separately, Weiss Ratings cut shares of NAMI from a “sell (d-)” rating to a “sell (e+)” rating in a report on Tuesday, September 1st. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock presently has a consensus rating of “Sell”.

NAMI Stock Performance

NAMI stock traded down $1.04 during midday trading on Thursday, reaching $2.08. 580,107 shares of the stock were exchanged, compared to its average volume of 622,367. NAMI has a 52 week low of $1.70 and a 52 week high of $28.50. The company’s fifty day moving average is $2.82 and its 200-day moving average is $7.62.

About NAMI

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.