Next Technology Holding Inc. (NASDAQ:NXTT) Sees Significant Drop in Short Interest

Next Technology Holding Inc. (NASDAQ:NXTT) was the recipient of a large decline in short interest in February. As of February 15th, there was short interest totalling 38,900 shares, a decline of 26.0% from the January 31st total of 52,600 shares. Based on an average trading volume of 265,400 shares, the short-interest ratio is presently 0.1 days. Currently, 0.7% of the shares of the stock are short sold.

Next Technology Price Performance

NASDAQ NXTT traded down $0.06 during midday trading on Tuesday, hitting $0.60. The company had a trading volume of 2,150,993 shares, compared to its average volume of 261,401. The firm has a 50-day moving average price of $1.83 and a 200-day moving average price of $1.65. Next Technology has a twelve month low of $0.54 and a twelve month high of $6.66.

Next Technology Company Profile

Next Technology Holding Inc provides technical services and solutions through its social e-commerce platform primarily in Mainland China. It offers YCloud, a micro-business cloud intelligent internationalization system that conducts multi-channel data analysis through the learning of big data and social recommendation relationships, as well as provides users with AI fission and management systems, and supply chain systems.