Jiuzi Holdings, Inc. (NASDAQ:JZXN) Sees Significant Decline in Short Interest

by · The Markets Daily

Jiuzi Holdings, Inc. (NASDAQ:JZXN – Get Free Report) was the target of a significant decrease in short interest during the month of December. As of December 31st, there was short interest totalling 39,500 shares, a decrease of 78.3% from the December 15th total of 182,300 shares. Currently, 0.4% of the company’s stock are sold short. Based on an average trading volume of 271,400 shares, the days-to-cover ratio is presently 0.1 days.

Jiuzi Stock Up 4.0 %

Shares of Jiuzi stock traded up $0.06 during trading on Monday, hitting $1.57. 64,376 shares of the stock traded hands, compared to its average volume of 185,125. The company has a fifty day moving average price of $1.43 and a two-hundred day moving average price of $1.79. Jiuzi has a twelve month low of $1.00 and a twelve month high of $67.60.

About Jiuzi

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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.

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