Short Interest in Next Technology Holding Inc. (NASDAQ:NXTT) Drops By 38.6%

Next Technology Holding Inc. (NASDAQ:NXTT) was the recipient of a significant decrease in short interest during the month of December. As of December 31st, there was short interest totalling 48,200 shares, a decrease of 38.6% from the December 15th total of 78,500 shares. Based on an average daily trading volume, of 321,800 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.8% of the company’s shares are sold short.

Next Technology Stock Up 2.5 %

Shares of NXTT traded up $0.06 during trading hours on Tuesday, reaching $2.47. 21,454 shares of the company traded hands, compared to its average volume of 64,935. The stock’s fifty day moving average price is $2.18 and its 200 day moving average price is $2.08. Next Technology has a 12-month low of $0.94 and a 12-month high of $6.66.

About Next Technology

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.