Nexentis Technologies Inc. (NASDAQ:NXTS – Get Free Report) saw a significant growth in short interest in the month of June. As of June 30th, there was short interest totaling 97,136 shares, a growth of 717.8% from the June 15th total of 11,877 shares. Approximately 10.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 7,559,275 shares, the short-interest ratio is currently 0.0 days.
Hedge Funds Weigh In On Nexentis Technologies
A hedge fund recently bought a new stake in Nexentis Technologies stock. DRW Securities LLC acquired a new position in shares of Nexentis Technologies Inc. (NASDAQ:NXTS – Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 26,363 shares of the company’s stock, valued at approximately $44,000. DRW Securities LLC owned approximately 0.97% of Nexentis Technologies at the end of the most recent reporting period. Hedge funds and other institutional investors own 61.24% of the company’s stock.
Nexentis Technologies Trading Down 2.4%
Shares of NXTS stock opened at $3.55 on Monday. The company has a debt-to-equity ratio of 0.01, a current ratio of 4.73 and a quick ratio of 4.73. Nexentis Technologies has a 1-year low of $3.31 and a 1-year high of $89.79. The stock has a market capitalization of $3.70 million, a PE ratio of -0.03 and a beta of 1.80. The business has a 50-day moving average of $5.00 and a 200 day moving average of $6.67.
Wall Street Analyst Weigh In
Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Nexentis Technologies in a research report on Friday, April 17th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, Nexentis Technologies has an average rating of “Sell”.
View Our Latest Stock Report on Nexentis Technologies
About Nexentis Technologies
N2OFF, Inc, an agri-food tech company, engages in the development and sale of eco-friendly green solutions for the food industry to enhance food safety and shelf life of fresh produce. Its products are based on proprietary blend of food acids combined with various oxidizing agent-based sanitizers and low concentrated fungicides for cleaning, sanitizing, and controlling pathogens on fresh produce that are safer for human consumption and extend their shelf life by reducing their decay. The company’s products include SavePROTECT or PeroStar, a processing aid for post-harvest application that is added to fruit and vegetable wash water; and SF3HS and SF3H, a post-harvest cleaning and sanitizing solution to control plant and foodborne pathogens.
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