Autozi Internet Technology (Global) Ltd. (NASDAQ:AZI) Sees Large Decrease in Short Interest

Autozi Internet Technology (Global) Ltd. (NASDAQ:AZI) was the recipient of a significant decrease in short interest in the month of December. As of December 15th, there was short interest totaling 126,812 shares, a decrease of 96.2% from the November 30th total of 3,307,785 shares. Based on an average daily trading volume, of 378,597 shares, the days-to-cover ratio is currently 0.3 days. Currently, 5.5% of the company’s shares are sold short. Currently, 5.5% of the company’s shares are sold short. Based on an average daily trading volume, of 378,597 shares, the days-to-cover ratio is currently 0.3 days.

Analysts Set New Price Targets

Several equities analysts have commented on AZI shares. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Autozi Internet Technology (Global) in a research report on Wednesday, October 8th. Wall Street Zen upgraded shares of Autozi Internet Technology (Global) to a “hold” rating in a report on Saturday, December 13th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, Autozi Internet Technology (Global) presently has a consensus rating of “Sell”.

Autozi Internet Technology (Global) Price Performance

AZI opened at $3.73 on Friday. Autozi Internet Technology has a 12-month low of $1.33 and a 12-month high of $69.00. The business’s fifty day simple moving average is $4.03 and its 200-day simple moving average is $9.28.

About Autozi Internet Technology (Global)

Autozi Internet Technology (Global) Ltd., through its subsidiaries, provides professional one-stop automotive products and services through online and offline channels in the People’s Republic of China. It sells new cars, and auto parts and accessories, as well as offers automotive insurance related services. The company was founded in 2010 and is based in Beijing, China.