Short Interest in Autozi Internet Technology (Global) Ltd. (NASDAQ:AZI) Expands By 77.7%

Autozi Internet Technology (Global) Ltd. (NASDAQ:AZI) saw a large increase in short interest during the month of February. As of February 27th, there was short interest totaling 64,975 shares, an increase of 77.7% from the February 12th total of 36,572 shares. Based on an average daily volume of 652,875 shares, the days-to-cover ratio is currently 0.1 days. Currently, 2.6% of the shares of the stock are sold short. Currently, 2.6% of the shares of the stock are sold short. Based on an average daily volume of 652,875 shares, the days-to-cover ratio is currently 0.1 days.

Autozi Internet Technology (Global) Trading Down 4.2%

Shares of Autozi Internet Technology (Global) stock opened at $0.55 on Friday. Autozi Internet Technology has a one year low of $0.26 and a one year high of $69.00. The business’s 50 day moving average price is $1.59 and its 200 day moving average price is $4.83.

Autozi Internet Technology (Global) (NASDAQ:AZI) last issued its earnings results on Wednesday, February 11th. The company reported ($2.49) earnings per share (EPS) for the quarter. The business had revenue of $21.46 million during the quarter.

Analyst Ratings Changes

A number of brokerages have recently commented on AZI. Weiss Ratings reiterated a “sell (e+)” rating on shares of Autozi Internet Technology (Global) in a research report on Wednesday, January 21st. Wall Street Zen lowered shares of Autozi Internet Technology (Global) from a “hold” rating to a “strong sell” rating in a research report on Saturday. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company has a consensus rating of “Sell”.

Autozi Internet Technology (Global) Company Profile

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.