Niu Technologies (NASDAQ:NIU) Sees Significant Decrease in Short Interest

by · The Cerbat Gem

Niu Technologies (NASDAQ:NIU – Get Free Report) saw a significant decline in short interest in the month of January. As of January 15th, there was short interest totaling 911,484 shares, a decline of 12.3% from the December 31st total of 1,039,841 shares. Based on an average trading volume of 319,043 shares, the days-to-cover ratio is presently 2.9 days. Currently, 1.3% of the shares of the company are sold short. Currently, 1.3% of the shares of the company are sold short. Based on an average trading volume of 319,043 shares, the days-to-cover ratio is presently 2.9 days.

Niu Technologies Stock Down 7.6%

Shares of NIU opened at $3.06 on Tuesday. The firm has a market capitalization of $238.44 million, a PE ratio of -61.20 and a beta of -0.24. The firm has a 50-day moving average price of $3.24 and a 200 day moving average price of $3.89. Niu Technologies has a 52-week low of $1.94 and a 52-week high of $5.67.

Niu Technologies (NASDAQ:NIU – Get Free Report) last released its quarterly earnings results on Monday, November 17th. The company reported $0.14 EPS for the quarter. The company had revenue of $237.94 million for the quarter. Niu Technologies had a negative net margin of 0.48% and a negative return on equity of 2.32%.

Wall Street Analysts Forecast Growth

NIU has been the topic of a number of analyst reports. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Niu Technologies in a report on Thursday, January 22nd. Wall Street Zen lowered shares of Niu Technologies from a “buy” rating to a “hold” rating in a research note on Saturday, January 17th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock has a consensus rating of “Sell”.

Check Out Our Latest Report on Niu Technologies

Institutional Trading of Niu Technologies

A number of hedge funds and other institutional investors have recently modified their holdings of NIU. Sei Investments Co. bought a new position in Niu Technologies during the second quarter valued at about $40,000. OMERS ADMINISTRATION Corp acquired a new stake in Niu Technologies in the 2nd quarter valued at about $45,000. Nomura Holdings Inc. bought a new position in shares of Niu Technologies during the 2nd quarter valued at about $51,000. E Fund Management Co. Ltd. bought a new position in shares of Niu Technologies during the 2nd quarter valued at about $54,000. Finally, Banco Bilbao Vizcaya Argentaria S.A. acquired a new position in shares of Niu Technologies in the 3rd quarter worth approximately $78,000. Institutional investors own 75.06% of the company’s stock.

Niu Technologies Company Profile

(Get Free Report)

Niu Technologies Co, Ltd., established in 2014 and headquartered in Beijing, is a leading designer and manufacturer of smart electric scooters and micro-mobility solutions. The company integrates Internet of Things (IoT) connectivity into its vehicles, enabling real-time monitoring of battery status, vehicle diagnostics, and location tracking through its proprietary mobile application. By leveraging lightweight materials and modular battery systems, Niu aims to deliver efficient urban transportation alternatives that reduce reliance on conventional gasoline-powered motorcycles and cars.

Niu’s product portfolio encompasses a range of electric scooters, motorcycles, and e-bikes marketed under its NQi, MQi, and UQi series.

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