Texxon Holding Limited (NASDAQ:NPT – Get Free Report) was the recipient of a significant decline in short interest during the month of May. As of May 15th, there was short interest totaling 5,081 shares, a decline of 95.9% from the April 30th total of 122,923 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 99,712 shares, the days-to-cover ratio is presently 0.1 days.
Texxon Stock Down 3.1%
NPT stock traded down $0.04 during trading on Wednesday, hitting $1.26. 21,806 shares of the company’s stock were exchanged, compared to its average volume of 76,011. The firm’s 50-day moving average price is $4.84. Texxon has a 52-week low of $1.14 and a 52-week high of $22.38.
Analyst Ratings Changes
Separately, Wall Street Zen cut Texxon from a “hold” rating to a “sell” rating in a research note on Saturday, May 2nd. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, Texxon presently has a consensus rating of “Sell”.
About Texxon
Texxon Holding Limited is a provider of supply chain management services in the plastics and chemical industries principally in East China. Texxon Holding Limited is based in Shanghai, China.
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