Jiuzi Holdings, Inc. (NASDAQ:JZXN) Short Interest Update

Jiuzi Holdings, Inc. (NASDAQ:JZXN) was the recipient of a significant decrease in short interest in the month of October. As of October 15th, there was short interest totaling 658,600 shares, a decrease of 34.1% from the September 30th total of 1,000,000 shares. Currently, 1.2% of the shares of the company are sold short. Based on an average daily volume of 2,880,000 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily volume of 2,880,000 shares, the days-to-cover ratio is currently 0.2 days. Currently, 1.2% of the shares of the company are sold short.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Jiuzi in a research report on Wednesday, October 8th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company presently has an average rating of “Sell”.

Jiuzi Stock Down 3.5%

Shares of JZXN stock traded down $0.01 during trading hours on Tuesday, reaching $0.28. 934,015 shares of the company’s stock were exchanged, compared to its average volume of 1,878,331. Jiuzi has a fifty-two week low of $0.25 and a fifty-two week high of $7.82. The business has a fifty day moving average price of $0.65 and a 200-day moving average price of $1.60.

Jiuzi Company Profile

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. It provides corporate investment consulting services.