Connexa Sports Technologies Inc. (NASDAQ:YYAI) Short Interest Update

Connexa Sports Technologies Inc. (NASDAQ:YYAI) was the target of a significant growth in short interest in the month of October. As of October 15th, there was short interest totalling 225,100 shares, a growth of 68.1% from the September 30th total of 133,900 shares. Approximately 4.8% of the shares of the company are short sold. Based on an average trading volume of 109,000 shares, the days-to-cover ratio is presently 2.1 days.

Connexa Sports Technologies Trading Up 10.5 %

NASDAQ:YYAI opened at $5.36 on Friday. Connexa Sports Technologies has a one year low of $2.89 and a one year high of $53.00. The firm’s fifty day moving average is $6.64. The firm has a market cap of $34.52 million, a PE ratio of -0.01 and a beta of -1.78.

Connexa Sports Technologies (NASDAQ:YYAI) last announced its quarterly earnings data on Tuesday, September 10th. The company reported ($1.91) EPS for the quarter. Connexa Sports Technologies had a negative net margin of 565.12% and a negative return on equity of 1,557.21%. The company had revenue of $0.71 million for the quarter.

Connexa Sports Technologies Company Profile

Connexa Sports Technologies Inc engages in the sports equipment and technology business in the United States. The company offers Slinger Launcher, a portable padel tennis ball launcher and pickleball launcher; and Slinger Bag Launcher, a ball launcher built into transport wheeled trolley bag. It also provides Gameface, AI technology and performance analytics for sports.