Autozi Internet Technology (Global) Ltd. (NASDAQ:AZI) Short Interest Up 1,566.4% in June

Autozi Internet Technology (Global) Ltd. (NASDAQ:AZI – Get Free Report) was the target of a significant growth in short interest during the month of June. As of June 15th, there was short interest totaling 489,511 shares, a growth of 1,566.4% from the May 31st total of 29,376 shares. Based on an average trading volume of 20,938,158 shares, the days-to-cover ratio is presently 0.0 days. Approximately 195.8% of the shares of the stock are sold short.

Wall Street Analyst Weigh In

Several brokerages recently commented on AZI. Wall Street Zen cut Autozi Internet Technology (Global) from a “hold” rating to a “strong sell” rating in a research report on Saturday, March 14th. Weiss Ratings restated a “sell (e+)” rating on shares of Autozi Internet Technology (Global) in a report on Monday, April 20th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Autozi Internet Technology (Global) presently has a consensus rating of “Sell”.

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Autozi Internet Technology (Global) Price Performance

Shares of AZI stock traded down $0.12 during trading hours on Friday, reaching $1.86. The company had a trading volume of 1,882,402 shares, compared to its average volume of 16,478,816. Autozi Internet Technology has a 12-month low of $1.01 and a 12-month high of $292.50. The stock has a fifty day moving average of $1.38 and a 200-day moving average of $10.18.

Autozi Internet Technology (Global) Company Profile

(Get Free Report)

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.

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