Jiuzi Holdings, Inc. (NASDAQ:JZXN – Get Free Report) was the target of a large decrease in short interest in June. As of June 30th, there was short interest totaling 64,615 shares, a decrease of 65.6% from the June 15th total of 188,013 shares. Currently, 12.3% of the shares of the stock are sold short. Based on an average daily trading volume, of 129,875 shares, the short-interest ratio is currently 0.5 days.
Jiuzi Stock Performance
JZXN stock opened at $2.17 on Monday. The company has a 50 day moving average price of $1.22 and a 200 day moving average price of $1.32. Jiuzi has a fifty-two week low of $0.75 and a fifty-two week high of $95.20.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Jiuzi in a report on Tuesday, April 21st. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company has an average rating of “Sell”.
Institutional Investors Weigh In On Jiuzi
A hedge fund recently bought a new stake in Jiuzi stock. Anson Funds Management LP purchased a new stake in shares of Jiuzi Holdings, Inc. (NASDAQ:JZXN – Free Report) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 616,216 shares of the company’s stock, valued at approximately $263,000. Anson Funds Management LP owned 1.23% of Jiuzi as of its most recent SEC filing. Institutional investors own 0.62% of the company’s stock.
Jiuzi Company Profile
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. The company also engages in new energy vehicle retail, new energy vehicle component sales, new energy vehicle battery sales, vehicle audio equipment and electronics sales, vehicle ornament sales, technology service and development, marketing planning, vehicle rentals, etc.
Featured Stories
- Five stocks we like better than Jiuzi
- 3 Rare-Earth ETFs That Help Investors Balance Exposure and Risk
- Microsoft Bets on In-House AI to Cut OpenAI and Anthropic Costs
- Delta Air Lines Lives Up to Its Claims: Shares Can Keep Climbing
- This Dividend ETF Choice Could Shape Your Income Strategy Through 2026
Receive News & Ratings for Jiuzi Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Jiuzi and related companies with MarketBeat.com's FREE daily email newsletter.
