Jiuzi Holdings, Inc. (NASDAQ:JZXN) Short Interest Update

Jiuzi Holdings, Inc. (NASDAQ:JZXN) was the recipient of a large decrease in short interest in May. As of May 31st, there was short interest totalling 90,000 shares, a decrease of 42.8% from the May 15th total of 157,400 shares. Currently, 0.8% of the company’s shares are sold short. Based on an average daily volume of 161,400 shares, the days-to-cover ratio is currently 0.6 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Jiuzi stock. XTX Topco Ltd purchased a new position in Jiuzi Holdings, Inc. (NASDAQ:JZXN) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 31,904 shares of the company’s stock, valued at approximately $44,000. XTX Topco Ltd owned about 15.95% of Jiuzi as of its most recent filing with the Securities & Exchange Commission. 0.62% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Separately, Wall Street Zen lowered shares of Jiuzi from a “hold” rating to a “sell” rating in a report on Saturday.

Jiuzi Stock Down 24.5%

JZXN stock traded down $0.38 during trading on Monday, hitting $1.17. 695,097 shares of the company’s stock traded hands, compared to its average volume of 192,457. Jiuzi has a 52 week low of $0.97 and a 52 week high of $7.82. The stock has a fifty day moving average price of $3.86 and a two-hundred day moving average price of $3.17.

About Jiuzi

Jiuzi Holdings, Inc, through its subsidiary, Zhejiang Jiuzi New Energy Vehicles Co, Ltd., franchises and operates retail stores under the Jiuzi brand that sell new energy vehicles, plug-in electric vehicles, and related components and parts in the People’s Republic of China. It provides corporate investment consulting services.