NAMI Corp. (NASDAQ:NAMI) Short Interest Update

NAMI Corp. (NASDAQ:NAMI) was the recipient of a significant increase in short interest in the month of December. As of December 31st, there was short interest totaling 39,977 shares, an increase of 43.8% from the December 15th total of 27,795 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 45,478 shares, the short-interest ratio is presently 0.9 days. Based on an average daily volume of 45,478 shares, the short-interest ratio is presently 0.9 days. Currently, 0.1% of the company’s stock are short sold.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of NAMI in a research report on Wednesday, October 8th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, NAMI currently has a consensus rating of “Sell”.

NAMI Stock Performance

Shares of NAMI stock traded up $0.02 on Friday, reaching $0.70. 9,633 shares of the stock were exchanged, compared to its average volume of 27,472. The business’s 50 day moving average price is $0.73 and its 200 day moving average price is $0.91. NAMI has a twelve month low of $0.56 and a twelve month high of $4.61.

NAMI (NASDAQ:NAMI) last released its quarterly earnings data on Tuesday, September 30th. The company reported ($0.18) earnings per share (EPS) for the quarter. The firm had revenue of $14.55 million during the quarter.

NAMI announced that its Board of Directors has approved a stock buyback program on Wednesday, October 22nd that authorizes the company to buyback $0.00 in outstanding shares. This buyback authorization authorizes the company to purchase shares of its stock through open market purchases. Stock buyback programs are often a sign that the company’s board of directors believes its shares are undervalued.

NAMI Company Profile

Jinxin Technology Holding Co engages in the provision of digital content services. The company was founded in August 2015 and is headquartered in Shanghai, China.