Autozi Internet Technology (Global) Ltd. (NASDAQ:AZI) Sees Large Increase in Short Interest

Autozi Internet Technology (Global) Ltd. (NASDAQ:AZI) saw a significant growth in short interest in the month of December. As of December 31st, there was short interest totaling 193,718 shares, a growth of 52.8% from the December 15th total of 126,812 shares. Based on an average daily trading volume, of 16,468,771 shares, the days-to-cover ratio is currently 0.0 days. Currently, 8.5% of the company’s shares are short sold. Currently, 8.5% of the company’s shares are short sold. Based on an average daily trading volume, of 16,468,771 shares, the days-to-cover ratio is currently 0.0 days.

Analyst Upgrades and Downgrades

Several research firms have weighed in on AZI. Wall Street Zen raised Autozi Internet Technology (Global) to a “hold” rating in a research report on Saturday, December 13th. Weiss Ratings restated a “sell (e+)” rating on shares of Autozi Internet Technology (Global) in a research report on Wednesday, October 8th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock has a consensus rating of “Sell”.

Autozi Internet Technology (Global) Stock Performance

Shares of AZI opened at $3.07 on Friday. Autozi Internet Technology has a fifty-two week low of $1.33 and a fifty-two week high of $69.00. The firm’s 50-day simple moving average is $3.15 and its two-hundred day simple moving average is $7.84.

About Autozi Internet Technology (Global)

Autozi Internet Technology (Global) Ltd., through its subsidiaries, provides professional one-stop automotive products and services through online and offline channels in the People’s Republic of China. It sells new cars, and auto parts and accessories, as well as offers automotive insurance related services. The company was founded in 2010 and is based in Beijing, China.