Nextech3D.AI Co. (OTCMKTS:NEXCF) Short Interest Update

Nextech3D.AI Co. (OTCMKTS:NEXCF) was the recipient of a large decrease in short interest in the month of October. As of October 15th, there was short interest totalling 36,900 shares, a decrease of 57.7% from the September 30th total of 87,200 shares. Based on an average daily volume of 433,800 shares, the days-to-cover ratio is presently 0.1 days.

Nextech3D.AI Stock Down 0.9 %

Shares of NEXCF stock opened at $0.05 on Monday. Nextech3D.AI has a 1 year low of $0.03 and a 1 year high of $0.23. The firm’s fifty day simple moving average is $0.06 and its 200 day simple moving average is $0.08.

Nextech3D.AI (OTCMKTS:NEXCF) last announced its quarterly earnings data on Thursday, August 29th. The company reported ($0.01) EPS for the quarter, beating analysts’ consensus estimates of ($0.02) by $0.01. Nextech3D.AI had a negative net margin of 388.76% and a negative return on equity of 7,225.80%. The business had revenue of $0.81 million during the quarter, compared to analyst estimates of $0.87 million. On average, analysts anticipate that Nextech3D.AI will post -0.05 earnings per share for the current year.

Wall Street Analyst Weigh In

Separately, HC Wainwright lowered their target price on Nextech3D.AI from $0.50 to $0.25 and set a “buy” rating on the stock in a report on Wednesday, September 18th.

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.