Nextech3D.AI Co. (OTCMKTS:NEXCF) Sees Large Decline in Short Interest

Nextech3D.AI Co. (OTCMKTS:NEXCF) saw a large decrease in short interest during the month of February. As of February 15th, there was short interest totalling 60,000 shares, a decrease of 74.9% from the January 31st total of 239,400 shares. Based on an average daily trading volume, of 529,000 shares, the days-to-cover ratio is currently 0.1 days.

Nextech3D.AI Price Performance

Shares of Nextech3D.AI stock traded up $0.00 on Friday, hitting $0.04. The company’s stock had a trading volume of 185,516 shares, compared to its average volume of 410,827. Nextech3D.AI has a 52-week low of $0.02 and a 52-week high of $0.23. The firm has a fifty day moving average price of $0.04 and a 200-day moving average price of $0.05.

Nextech3D.AI (OTCMKTS:NEXCF) last announced its quarterly earnings results on Friday, November 29th. The company reported ($0.01) earnings per share (EPS) for the quarter, meeting the consensus estimate of ($0.01). Nextech3D.AI had a negative net margin of 336.36% and a negative return on equity of 7,225.80%. On average, equities research analysts predict that Nextech3D.AI will post -0.05 EPS for the current fiscal year.

Analysts Set New Price Targets

Separately, HC Wainwright reaffirmed a “buy” rating and set a $0.25 price objective on shares of Nextech3D.AI in a report on Wednesday, December 4th.

About Nextech3D.AI

Nextech3D.AI Corporation provides augmented reality technologies, wayfinding technologies, and 3D model services. It focuses on creating 3D WebAR photorealistic models for the prime ecommerce marketplace, as well as other online retailers. The company was formerly known as NexTech AR Solutions Corp. and changed its name to Nextech3D.AI Corporation in September 2023.