Texxon Holding Limited (NASDAQ:NPT) Short Interest Update

Texxon Holding Limited (NASDAQ:NPT) saw a significant decrease in short interest in the month of August. As of August 31st, there was short interest totaling 6,365 shares, a decrease of 43.1% from the August 15th total of 11,188 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 11,664 shares, the short-interest ratio is presently 0.5 days.

Texxon Stock Up 6.9%

NPT stock traded up $0.20 during midday trading on Wednesday, hitting $3.10. The company’s stock had a trading volume of 70,610 shares, compared to its average volume of 14,829. The company’s fifty day moving average price is $3.17 and its 200 day moving average price is $4.58. Texxon has a twelve month low of $1.14 and a twelve month high of $22.38.

Texxon (NASDAQ:NPT) last posted its quarterly earnings data on Tuesday, June 30th. The company reported ($0.02) EPS for the quarter. The firm had revenue of $163.50 million for the quarter.

Wall Street Analysts Forecast Growth

NPT has been the topic of a number of recent research reports. Wall Street Zen raised Texxon from a “sell” rating to a “hold” rating in a research report on Sunday, July 12th. Weiss Ratings raised shares of Texxon from a “sell (e)” rating to a “sell (d-)” rating in a research note on Monday, July 13th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the stock currently has a consensus rating of “Sell”.

About Texxon

Texxon Holding Limited is a provider of supply chain management services in the plastics and chemical industries principally in East China. Texxon Holding Limited is based in Shanghai, China.