Jiuzi Holdings, Inc. (NASDAQ:JZXN) Short Interest Up 1,357.6% in January

Jiuzi Holdings, Inc. (NASDAQ:JZXNGet Free Report) saw a significant increase in short interest in the month of January. As of January 31st, there was short interest totalling 48,100 shares, an increase of 1,357.6% from the January 15th total of 3,300 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average trading volume of 168,100 shares, the days-to-cover ratio is presently 0.3 days.

Jiuzi Price Performance

Shares of JZXN opened at $0.70 on Tuesday. Jiuzi has a 1 year low of $0.54 and a 1 year high of $6.62. The firm has a fifty day moving average of $0.71 and a 200-day moving average of $0.87.

Institutional Investors Weigh In On Jiuzi

An institutional investor recently raised its position in Jiuzi stock. Renaissance Technologies LLC boosted its holdings in Jiuzi Holdings, Inc. (NASDAQ:JZXNFree Report) by 297.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 273,500 shares of the company’s stock after acquiring an additional 204,637 shares during the quarter. Renaissance Technologies LLC owned about 1.06% of Jiuzi worth $32,000 as of its most recent SEC filing. 2.78% of the stock is currently owned by institutional investors.

Jiuzi Company Profile

(Get Free Report)

Jiuzi Holdings, Inc, through its subsidiary, Zhejiang Jiuzi New Energy Vehicles Co, Ltd., franchises and operates retail stores under the Jiuzi brand that sell new energy vehicles, plug-in electric vehicles, and related components and parts in the People's Republic of China. The company was founded in 2017 and is based in Hangzhou, the People's Republic of China.

Recommended Stories

Receive News & Ratings for Jiuzi Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Jiuzi and related companies with MarketBeat.com's FREE daily email newsletter.