Short Interest in Jiuzi Holdings, Inc. (NASDAQ:JZXN) Increases By 577.7%

Jiuzi Holdings, Inc. (NASDAQ:JZXN) was the target of a large increase in short interest during the month of December. As of December 15th, there was short interest totalling 182,300 shares, an increase of 577.7% from the November 30th total of 26,900 shares. Approximately 1.8% of the company’s shares are sold short. Based on an average daily trading volume, of 251,300 shares, the days-to-cover ratio is currently 0.7 days.

Jiuzi Trading Down 5.6 %

NASDAQ JZXN traded down $0.09 on Thursday, hitting $1.52. The company’s stock had a trading volume of 122,591 shares, compared to its average volume of 121,588. The company’s 50-day moving average is $1.45 and its 200 day moving average is $2.10. Jiuzi has a 1-year low of $1.00 and a 1-year high of $67.60.

About Jiuzi

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.