NXT Energy Solutions Inc. (OTCMKTS:NSFDF) Short Interest Update

NXT Energy Solutions Inc. (OTCMKTS:NSFDF) was the target of a large decline in short interest in January. As of January 31st, there was short interest totalling 10,500 shares, a decline of 36.0% from the January 15th total of 16,400 shares. Based on an average trading volume of 266,200 shares, the short-interest ratio is currently 0.0 days.

NXT Energy Solutions Stock Performance

Shares of OTCMKTS NSFDF opened at $0.15 on Friday. NXT Energy Solutions has a one year low of $0.04 and a one year high of $0.40. The business’s 50-day moving average price is $0.13 and its two-hundred day moving average price is $0.15. The company has a debt-to-equity ratio of 3.30, a current ratio of 0.28 and a quick ratio of 0.28. The company has a market capitalization of $11.88 million, a P/E ratio of -2.50 and a beta of 1.54.

NXT Energy Solutions Company Profile

NXT Energy Solutions Inc, a technology company, provides services to the oil and gas industry through its proprietary stress field detection (SFD) technology worldwide. Its SFD technology, a remote sensing airborne survey system utilizes quantum-scale sensors to detect gravity field perturbations in an airborne survey method which can be used onshore and offshore to remotely identify traps and reservoirs with hydrocarbon and geothermal exploration potential.