Next Technology Holding Inc. (NASDAQ:NXTT) Short Interest Update

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

Next Technology Stock Down 10.3 %

NXTT stock traded down $0.03 during midday trading on Friday, reaching $0.29. The company had a trading volume of 125,463 shares, compared to its average volume of 284,029. Next Technology has a 1-year low of $0.27 and a 1-year high of $6.66. The stock has a 50 day moving average price of $1.55 and a 200-day moving average price of $1.60.

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.