Short Interest in Nisun International Enterprise Development Group Co., Ltd (NASDAQ:AIOS) Decreases By 68.1%

Nisun International Enterprise Development Group Co., Ltd (NASDAQ:AIOS) saw a large drop in short interest during the month of June. As of June 15th, there was short interest totaling 5,577 shares, a drop of 68.1% from the May 31st total of 17,463 shares. Based on an average daily trading volume, of 22,049 shares, the days-to-cover ratio is currently 0.3 days. Currently, 2.4% of the shares of the company are sold short.

Nisun International Enterprise Development Group Price Performance

NASDAQ AIOS traded up $1.74 during trading hours on Friday, hitting $13.46. The company had a trading volume of 82,974 shares, compared to its average volume of 72,010. Nisun International Enterprise Development Group has a fifty-two week low of $6.54 and a fifty-two week high of $98.00. The business has a fifty day moving average of $13.87.

Nisun International Enterprise Development Group (NASDAQ:AIOS) last announced its quarterly earnings results on Monday, April 20th. The company reported ($323.40) earnings per share (EPS) for the quarter. The firm had revenue of ($43.00) million for the quarter.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on AIOS shares. Wall Street Zen lowered shares of Nisun International Enterprise Development Group to a “strong sell” rating in a research note on Saturday. Weiss Ratings downgraded Nisun International Enterprise Development Group from a “sell (d)” rating to a “sell (e+)” rating in a research note on Friday, April 24th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Sell”.

About Nisun International Enterprise Development Group

Nisun International Enterprise Development Group Co, Ltd, an investment holding company, provides technology-driven integrated supply chain solutions for enterprises and financial institutions in the People’s Republic of China and internationally. It offers professional solutions for technology supply chain management, technology asset routing, and digital transformation of tech and finance institutions. The company also provides a range of technology-driven customized financing solutions to small- and mid-sized enterprises (SMEs) to enhance SMEs’ access to capital through its closed-loop ecosystem built on fintech platforms; and direct banking solutions to small- and medium-sized commercial banks and other financial institutions in their distribution and management of direct banking and other financial products.