Jiuzi Holdings, Inc. (NASDAQ:JZXN) Short Interest Update

Jiuzi Holdings, Inc. (NASDAQ:JZXN) saw a large growth in short interest during the month of January. As of January 30th, there was short interest totaling 36,197 shares, a growth of 235.1% from the January 15th total of 10,801 shares. Currently, 6.9% of the shares of the company are sold short. Based on an average daily trading volume, of 963,681 shares, the days-to-cover ratio is currently 0.0 days. Based on an average daily trading volume, of 963,681 shares, the days-to-cover ratio is currently 0.0 days. Currently, 6.9% of the shares of the company are sold short.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Jiuzi stock. Anson Funds Management LP acquired a new position in Jiuzi Holdings, Inc. (NASDAQ:JZXN) during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 616,216 shares of the company’s stock, valued at approximately $263,000. Anson Funds Management LP owned about 1.23% of Jiuzi at the end of the most recent quarter. 0.62% of the stock is owned by institutional investors.

Jiuzi Price Performance

NASDAQ JZXN traded down $0.59 during trading on Friday, hitting $1.60. 3,988,907 shares of the company’s stock traded hands, compared to its average volume of 4,360,955. Jiuzi has a 12-month low of $1.03 and a 12-month high of $312.80. The business has a 50 day moving average of $2.25 and a 200-day moving average of $16.85.

Analyst Upgrades and Downgrades

Several analysts have commented on the stock. Wall Street Zen raised shares of Jiuzi to a “hold” rating in a research report on Saturday, December 13th. Weiss Ratings restated a “sell (e+)” rating on shares of Jiuzi in a research note on Thursday, January 22nd. One analyst has rated the stock with a Sell rating, According to MarketBeat, the stock presently has an average rating of “Sell”.

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. The company also engages in new energy vehicle retail, new energy vehicle component sales, new energy vehicle battery sales, vehicle audio equipment and electronics sales, vehicle ornament sales, technology service and development, marketing planning, vehicle rentals, etc.