Short Interest in Nextech3D.AI Co. (OTCMKTS:NEXCF) Drops By 57.1%

Nextech3D.AI Co. (OTCMKTS:NEXCF) was the recipient of a significant decline in short interest during the month of January. As of January 15th, there was short interest totalling 41,400 shares, a decline of 57.1% from the December 31st total of 96,600 shares. Based on an average daily trading volume, of 1,498,800 shares, the days-to-cover ratio is currently 0.0 days.

Wall Street Analyst Weigh In

Separately, HC Wainwright reissued a “buy” rating and issued a $0.25 price objective on shares of Nextech3D.AI in a report on Wednesday, December 4th.

Nextech3D.AI Stock Down 8.8 %

Nextech3D.AI stock traded down $0.00 during midday trading on Thursday, hitting $0.04. The stock had a trading volume of 383,426 shares, compared to its average volume of 499,600. Nextech3D.AI has a 12 month low of $0.02 and a 12 month high of $0.23. The business has a fifty day moving average price of $0.04 and a 200 day moving average price of $0.06.

Nextech3D.AI (OTCMKTS:NEXCF) last posted its earnings results on Friday, November 29th. The company reported ($0.01) EPS for the quarter, meeting the consensus estimate of ($0.01). Nextech3D.AI had a negative return on equity of 7,225.80% and a negative net margin of 336.36%. On average, sell-side analysts forecast that Nextech3D.AI will post -0.05 earnings per share for the current fiscal year.

Nextech3D.AI Company Profile

Nextech3D.AI Corporation provides augmented reality technologies, wayfinding technologies, and 3D model services. It focuses on creating 3D WebAR photorealistic models for the prime ecommerce marketplace, as well as other online retailers. The company was formerly known as NexTech AR Solutions Corp. and changed its name to Nextech3D.AI Corporation in September 2023.