Short Interest in Autozi Internet Technology (Global) Ltd. (NASDAQ:AZI) Grows By 1,566.4%

Autozi Internet Technology (Global) Ltd. (NASDAQ:AZI) saw a significant increase in short interest in June. As of June 15th, there was short interest totaling 489,511 shares, an increase of 1,566.4% from the May 31st total of 29,376 shares. Approximately 195.8% of the shares of the stock are short sold. Based on an average daily volume of 20,938,158 shares, the days-to-cover ratio is presently 0.0 days.

Autozi Internet Technology (Global) Price Performance

NASDAQ:AZI opened at $1.86 on Friday. The firm has a 50 day simple moving average of $1.37 and a 200-day simple moving average of $10.24. Autozi Internet Technology has a 1-year low of $1.01 and a 1-year high of $292.50.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the company. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Autozi Internet Technology (Global) in a research note on Monday, April 20th. Wall Street Zen cut shares of Autozi Internet Technology (Global) from a “hold” rating to a “strong sell” rating in a research note on Saturday, March 14th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company currently has an average rating of “Sell”.

About Autozi Internet Technology (Global)

Autozi Internet Technology (Global) Ltd., through its subsidiaries, provides professional one-stop automotive products and services through online and offline channels in the People’s Republic of China. It sells new cars, and auto parts and accessories, as well as offers automotive insurance related services. The company was founded in 2010 and is based in Beijing, China.