Short Interest in Next Technology Holding Inc. (NASDAQ:NXTT) Rises By 669.9%

Next Technology Holding Inc. (NASDAQ:NXTT) saw a large increase in short interest in the month of February. As of February 28th, there was short interest totalling 299,500 shares, an increase of 669.9% from the February 13th total of 38,900 shares. Currently, 5.2% of the shares of the stock are sold short. Based on an average trading volume of 537,200 shares, the short-interest ratio is presently 0.6 days.

Next Technology Price Performance

Shares of NASDAQ NXTT traded down $0.04 during mid-day trading on Thursday, reaching $0.30. 964,162 shares of the company traded hands, compared to its average volume of 283,295. Next Technology has a fifty-two week low of $0.30 and a fifty-two week high of $6.66. The stock has a fifty day simple moving average of $1.60 and a 200-day simple moving average of $1.61.

About Next Technology

Next Technology Holding Inc provides technical services and solutions through its social e-commerce platform primarily in Mainland China. It offers YCloud, a micro-business cloud intelligent internationalization system that conducts multi-channel data analysis through the learning of big data and social recommendation relationships, as well as provides users with AI fission and management systems, and supply chain systems.