Texxon Holding Limited (NASDAQ:NPT – Get Free Report) was the target of a significant growth in short interest in October. As of October 15th, there was short interest totaling 1,564 shares, a growth of 70.0% from the September 30th total of 920 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 20,366 shares, the days-to-cover ratio is presently 0.1 days.
Texxon Trading Down 7.8%
Shares of NPT opened at $1.66 on Tuesday. The stock has a 50 day moving average price of $2.59 and a 200 day moving average price of $4.41. Texxon has a one year low of $1.14 and a one year high of $22.38.
Wall Street Analysts Forecast Growth
NPT has been the topic of a number of recent analyst reports. Weiss Ratings upgraded Texxon from a “sell (e)” rating to a “sell (d-)” rating in a research report on Monday, July 13th. Wall Street Zen upgraded shares of Texxon from a “sell” rating to a “hold” rating in a research report on Sunday, July 12th. One investment analyst has rated the stock with a Sell rating. Based on data from MarketBeat.com, the stock presently has an average rating of “Sell”.
Read Our Latest Analysis on NPT
Texxon Company Profile
Texxon Holding Limited is a provider of supply chain management services in the plastics and chemical industries principally in East China. Texxon Holding Limited is based in Shanghai, China.
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