Chijet Motor Company, Inc. (NASDAQ:DCX – Get Free Report) saw a large growth in short interest in July. As of July 15th, there was short interest totaling 473,126 shares, a growth of 456.8% from the June 30th total of 84,971 shares. Approximately 236.6% of the company’s stock are short sold. Based on an average daily volume of 2,638,816 shares, the days-to-cover ratio is currently 0.2 days.
Wall Street Analyst Weigh In
Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Chijet Motor in a report on Monday. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the company presently has an average rating of “Sell”.
Read Our Latest Analysis on DCX
Chijet Motor Stock Performance
Chijet Motor (NASDAQ:DCX – Get Free Report) last posted its quarterly earnings data on Thursday, April 30th. The company reported $1,035.89 earnings per share (EPS) for the quarter. The company had revenue of ($0.27) million for the quarter.
Chijet Motor Company Profile
Chijet Motor Company, Inc engages in the research and development, production, and sale of new energy vehicles. It offers battery electric vehicles, plug-in hybrid electric vehicles, and fuel cell electric vehicles. The company was founded in 2021 and is based in Grand Cayman, the Cayman Islands.
Further Reading
- Five stocks we like better than Chijet Motor
- Telecom Earnings Reveal a Sector That Finally Looks Healthier
- Defense Earnings Show Readiness Now and Modernization Ahead
- Why Palantir Investors Aren’t Panicking While the Rest of AI Sells Off
- MarketBeat Week in Review – 07/20- 07/24
Receive News & Ratings for Chijet Motor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Chijet Motor and related companies with MarketBeat.com's FREE daily email newsletter.
