3 E Network Technology Group Ltd (NASDAQ:MASK) Short Interest Update

3 E Network Technology Group Ltd (NASDAQ:MASK) was the target of a significant growth in short interest in December. As of December 15th, there was short interest totaling 298,093 shares, a growth of 1,061.6% from the November 30th total of 25,663 shares. Based on an average daily trading volume, of 18,148,377 shares, the days-to-cover ratio is currently 0.0 days. Approximately 1.8% of the company’s stock are short sold. Approximately 1.8% of the company’s stock are short sold. Based on an average daily trading volume, of 18,148,377 shares, the days-to-cover ratio is currently 0.0 days.

3 E Network Technology Group Stock Down 9.1%

MASK opened at $0.20 on Friday. 3 E Network Technology Group has a 12-month low of $0.20 and a 12-month high of $4.19. The business has a 50 day moving average of $0.42 and a 200-day moving average of $1.03.

3 E Network Technology Group (NASDAQ:MASK) last posted its earnings results on Friday, November 14th. The company reported ($0.02) earnings per share for the quarter. The company had revenue of ($1.56) million during the quarter.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “sell (e)” rating on shares of 3 E Network Technology Group in a research note on Saturday, September 27th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, 3 E Network Technology Group presently has a consensus rating of “Sell”.

About 3 E Network Technology Group

3 E Network Technology Group Ltd. operates as a holding company, which engages in the provision of business-to-business information technology business solutions. It offers business solutions to a variety of industries and sectors, including food establishments, real estate, exhibition and conferencing, and clean energy utilities. The company was founded on October 6, 2021 and is headquartered in Guangzhou, China.