NAMI Corp. (NASDAQ:NAMI) Sees Large Decrease in Short Interest

NAMI Corp. (NASDAQ:NAMI – Get Free Report) was the target of a significant decrease in short interest in the month of July. As of July 31st, there was short interest totaling 8,547 shares, a decrease of 53.1% from the July 15th total of 18,230 shares. Currently, 0.3% of the company’s stock are short sold. Based on an average daily volume of 7,878 shares, the days-to-cover ratio is presently 1.1 days.

Analyst Ratings Changes

Separately, Weiss Ratings cut NAMI from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Wednesday, July 29th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, NAMI has a consensus rating of “Sell”.

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NAMI Trading Down 8.1%

NAMI stock traded down $0.28 on Friday, hitting $3.17. The company had a trading volume of 110,283 shares, compared to its average volume of 3,121,714. NAMI has a 12-month low of $2.39 and a 12-month high of $51.25. The stock’s 50-day simple moving average is $4.09 and its 200 day simple moving average is $9.47.

NAMI Company Profile

(Get Free Report)

Jinxin Technology Holding Co engages in the provision of digital content services. The company was founded in August 2015 and is headquartered in Shanghai, China.

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