Short Interest in Next Technology Holding Inc. (NASDAQ:NXTT) Drops By 68.7%

Next Technology Holding Inc. (NASDAQ:NXTT) saw a significant decline in short interest in the month of March. As of March 15th, there was short interest totalling 93,700 shares, a decline of 68.7% from the February 28th total of 299,500 shares. Based on an average daily trading volume, of 585,300 shares, the days-to-cover ratio is currently 0.2 days. Currently, 1.6% of the company’s shares are sold short.

Next Technology Stock Performance

NASDAQ:NXTT opened at $0.31 on Thursday. Next Technology has a twelve month low of $0.28 and a twelve month high of $6.66. The firm’s fifty day simple moving average is $1.12 and its 200 day simple moving average is $1.53.

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.