Nisun International Enterprise Development Group Co., Ltd (NASDAQ:AIOS) Short Interest Down 49.7% in May

Nisun International Enterprise Development Group Co., Ltd (NASDAQ:AIOS) was the target of a significant drop in short interest in May. As of May 29th, there was short interest totaling 17,463 shares, a drop of 49.7% from the May 14th total of 34,724 shares. Based on an average trading volume of 116,407 shares, the short-interest ratio is presently 0.2 days. Currently, 7.4% of the company’s stock are short sold.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings cut Nisun International Enterprise Development Group from a “sell (d)” rating to a “sell (e+)” rating in a research report on Friday, April 24th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, Nisun International Enterprise Development Group has an average rating of “Sell”.

Nisun International Enterprise Development Group Price Performance

NASDAQ AIOS traded up $0.33 during trading on Monday, hitting $12.33. 4,213 shares of the company traded hands, compared to its average volume of 154,655. Nisun International Enterprise Development Group has a 12 month low of $6.54 and a 12 month high of $98.00. The business’s fifty day simple moving average is $13.60.

Nisun International Enterprise Development Group (NASDAQ:AIOS) last posted its earnings results 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.