Jiuzi Holdings, Inc. (NASDAQ:JZXN – Get Free Report) was the recipient of a large growth in short interest in the month of May. As of May 15th, there was short interest totaling 227,164 shares, a growth of 752.8% from the April 30th total of 26,637 shares. Currently, 43.4% of the company’s shares are sold short. Based on an average daily volume of 9,332,302 shares, the short-interest ratio is currently 0.0 days.
Jiuzi Trading Down 1.8%
Jiuzi stock opened at $1.09 on Thursday. Jiuzi has a 12-month low of $0.75 and a 12-month high of $204.00. The firm’s fifty day moving average is $1.02 and its 200 day moving average is $2.52.
Jiuzi (NASDAQ:JZXN – Get Free Report) last released its earnings results on Tuesday, February 24th. The company reported ($14.49) earnings per share (EPS) for the quarter. The company had revenue of $0.95 million for the quarter.
Wall Street Analyst Weigh In
Get Our Latest Stock Report on JZXN
Institutional Inflows and Outflows
An institutional investor recently bought a new position in Jiuzi stock. Sabby Management LLC bought a new stake in shares of Jiuzi Holdings, Inc. (NASDAQ:JZXN – Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund bought 187,951 shares of the company’s stock, valued at approximately $325,000. Jiuzi accounts for approximately 0.5% of Sabby Management LLC’s portfolio, making the stock its 13th largest holding. Sabby Management LLC owned 14.13% of Jiuzi at the end of the most recent reporting period. 0.62% of the stock is currently owned by hedge funds and other institutional investors.
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.
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