Jiuzi Holdings, Inc. (NASDAQ:JZXN) Short Interest Down 38.5% in April

Jiuzi Holdings, Inc. (NASDAQ:JZXNGet Rating) was the target of a large drop in short interest in April. As of April 15th, there was short interest totalling 98,200 shares, a drop of 38.5% from the March 31st total of 159,600 shares. Based on an average daily trading volume, of 977,500 shares, the short-interest ratio is presently 0.1 days. Currently, 1.2% of the company’s stock are sold short.

An institutional investor recently bought a new position in Jiuzi stock. Renaissance Technologies LLC purchased a new stake in Jiuzi Holdings, Inc. (NASDAQ:JZXNGet Rating) during the fourth quarter, according to its most recent 13F filing with the SEC. The firm purchased 31,000 shares of the company’s stock, valued at approximately $46,000. Renaissance Technologies LLC owned approximately 0.15% of Jiuzi as of its most recent filing with the SEC. Hedge funds and other institutional investors own 0.19% of the company’s stock.

NASDAQ:JZXN opened at $1.26 on Friday. Jiuzi has a fifty-two week low of $1.15 and a fifty-two week high of $49.01. The company’s 50-day simple moving average is $1.46 and its 200-day simple moving average is $1.70.

Jiuzi Company Profile (Get Rating)

Jiuzi Holdings, Inc, through its variable interest entity in Zhejiang Jiuzi New Energy Vehicles Co, Ltd., franchises and operates Jiuzi retail stores that sell new energy vehicles, plug-in electric vehicles, and related components and parts. As of March 15, 2022, it operated 37 franchise stores and 1 company-owned store in the People's Republic of China.

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