Nisun International Enterprise Development Group Co., Ltd (NASDAQ:AIOS) Sees Significant Decrease in Short Interest

Nisun International Enterprise Development Group Co., Ltd (NASDAQ:AIOS) was the recipient of a large decline in short interest during the month of April. As of April 30th, there was short interest totaling 6,527 shares, a decline of 89.4% from the April 15th total of 61,508 shares. Based on an average daily trading volume, of 18,732 shares, the days-to-cover ratio is currently 0.3 days. Currently, 2.8% of the company’s stock are sold short.

Analyst Ratings Changes

Separately, 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 research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock currently has a consensus rating of “Sell”.

Nisun International Enterprise Development Group Stock Down 4.9%

Shares of AIOS opened at $16.40 on Thursday. The stock’s 50-day moving average price is $12.64. Nisun International Enterprise Development Group has a one year low of $6.54 and a one year high of $106.60.

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

Nisun International Enterprise Development Group Company Profile

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.