Next Technology Holding Inc. (NASDAQ:NXTT) Sees Significant Drop in Short Interest

Next Technology Holding Inc. (NASDAQ:NXTT) was the recipient of a significant decrease in short interest during the month of February. As of February 15th, there was short interest totalling 38,900 shares, a decrease of 26.0% from the January 31st total of 52,600 shares. Currently, 0.7% of the company’s stock are short sold. Based on an average daily volume of 265,400 shares, the days-to-cover ratio is presently 0.1 days.

Next Technology Stock Performance

Shares of Next Technology stock traded down $0.06 on Tuesday, hitting $0.60. The company had a trading volume of 2,150,993 shares, compared to its average volume of 261,401. Next Technology has a 1 year low of $0.54 and a 1 year high of $6.66. The stock has a 50 day moving average of $1.83 and a 200-day moving average of $1.65.

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.