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

Jiuzi Holdings, Inc. (NASDAQ:JZXN) saw a large increase in short interest in the month of January. As of January 15th, there was short interest totalling 51,000 shares, an increase of 29.1% from the December 31st total of 39,500 shares. Currently, 0.5% of the shares of the company are short sold. Based on an average trading volume of 301,500 shares, the short-interest ratio is presently 0.2 days.

Jiuzi Stock Performance

Shares of Jiuzi stock opened at $2.14 on Monday. The stock’s 50-day simple moving average is $1.52 and its 200-day simple moving average is $1.63. Jiuzi has a 52 week low of $1.00 and a 52 week high of $67.60.

Jiuzi Company Profile

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.