NAMI Corp. (NASDAQ:NAMI) Short Interest Update

NAMI Corp. (NASDAQ:NAMI) was the target of a significant increase in short interest during the month of July. As of July 15th, there was short interest totaling 18,230 shares, an increase of 5,632.7% from the June 30th total of 318 shares. Approximately 0.6% of the company’s shares are short sold. Based on an average daily trading volume, of 80,700 shares, the short-interest ratio is currently 0.2 days.

NAMI Trading Down 2.4%

NAMI stock opened at $3.08 on Friday. The stock has a fifty day moving average price of $5.63 and a 200 day moving average price of $10.99. NAMI has a 52 week low of $3.00 and a 52 week high of $51.25.

NAMI (NASDAQ:NAMI) last issued its quarterly earnings results on Tuesday, April 28th. The company reported ($1.62) earnings per share (EPS) for the quarter. The business had revenue of $14.96 million during the quarter.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings upgraded shares of NAMI from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Wednesday, July 1st. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock presently has an average rating of “Sell”.

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.