Short Interest in Next Technology Holding Inc. (NASDAQ:NXTT) Increases By 669.9%

Next Technology Holding Inc. (NASDAQ:NXTT) was the recipient of a large growth in short interest in February. As of February 28th, there was short interest totalling 299,500 shares, a growth of 669.9% from the February 13th total of 38,900 shares. Currently, 5.2% of the company’s stock are short sold. Based on an average trading volume of 537,200 shares, the days-to-cover ratio is presently 0.6 days.

Next Technology Price Performance

Shares of NASDAQ NXTT traded down $0.04 during mid-day trading on Thursday, hitting $0.30. 964,162 shares of the company were exchanged, compared to its average volume of 283,295. The stock has a 50 day simple moving average of $1.60 and a 200-day simple moving average of $1.61. Next Technology has a 1-year low of $0.30 and a 1-year 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.