Nexi S.p.A. (OTCMKTS:NEXXY) Short Interest Update

Nexi S.p.A. (OTCMKTS:NEXXY) was the target of a large growth in short interest in September. As of September 30th, there was short interest totaling 2,754 shares, a growth of 68,750.0% from the September 15th total of 4 shares. Based on an average daily volume of 634 shares, the days-to-cover ratio is currently 4.3 days.

Nexi Stock Performance

Nexi stock traded up $0.01 during mid-day trading on Friday, hitting $4.54. The company had a trading volume of 298 shares, compared to its average volume of 6,319. Nexi has a 1 year low of $3.00 and a 1 year high of $5.59. The business has a fifty day moving average of $4.79 and a 200 day moving average of $4.40.

Analyst Upgrades and Downgrades

Separately, Citigroup reiterated a “neutral” rating on shares of Nexi in a research note on Wednesday, August 12th. Five investment analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Reduce”.

Nexi Company Profile

Nexi S.p.A. is an Italian paytech company that provides digital payment infrastructure and transaction-processing services to financial institutions, merchants, businesses and public-sector organizations. The company supports card payments, account-based payments and other electronic payment methods across in-store, online and mobile channels.

Its services include merchant acquiring, payment acceptance and point-of-sale solutions, e-commerce payment gateways, card issuing and processing, digital banking services, automated teller machine management and related technology and security tools.