Jiuzi Holdings, Inc. (NASDAQ:JZXN – Get 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:JZXN – Get 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 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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