Short Interest in Jiuzi Holdings, Inc. (NASDAQ:JZXN) Decreases By 45.0%

Jiuzi Holdings, Inc. (NASDAQ:JZXN) saw a large drop in short interest in the month of February. As of February 28th, there was short interest totalling 12,000 shares, a drop of 45.0% from the February 13th total of 21,800 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average trading volume of 338,100 shares, the short-interest ratio is currently 0.0 days.

Institutional Trading of Jiuzi

A hedge fund recently bought a new stake in Jiuzi stock. XTX Topco Ltd bought a new stake in Jiuzi Holdings, Inc. (NASDAQ:JZXN) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 31,904 shares of the company’s stock, valued at approximately $44,000. XTX Topco Ltd owned about 15.95% of Jiuzi at the end of the most recent quarter. 0.62% of the stock is currently owned by hedge funds and other institutional investors.

Jiuzi Stock Up 7.8 %

Shares of JZXN stock traded up $0.34 on Friday, reaching $4.71. The stock had a trading volume of 15,049 shares, compared to its average volume of 144,494. Jiuzi has a 12 month low of $1.00 and a 12 month high of $67.60. The firm’s 50-day moving average is $2.94 and its two-hundred day moving average is $1.96.

Jiuzi Company Profile

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.