Short Interest in Niu Technologies (NASDAQ:NIU) Declines By 27.1%

Niu Technologies (NASDAQ:NIU) was the target of a significant decrease in short interest during the month of December. As of December 31st, there was short interest totaling 1,039,841 shares, a decrease of 27.1% from the December 15th total of 1,425,817 shares. Currently, 1.5% of the shares of the company are short sold. Based on an average daily trading volume, of 1,061,897 shares, the short-interest ratio is currently 1.0 days. Based on an average daily trading volume, of 1,061,897 shares, the short-interest ratio is currently 1.0 days. Currently, 1.5% of the shares of the company are short sold.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on NIU shares. Weiss Ratings restated a “sell (d-)” rating on shares of Niu Technologies in a research note on Wednesday, October 8th. Wall Street Zen lowered Niu Technologies from a “buy” rating to a “hold” rating in a research note on Saturday. One research analyst has rated the stock with a Sell rating, According to MarketBeat, Niu Technologies currently has an average rating of “Sell”.

Hedge Funds Weigh In On Niu Technologies

A number of institutional investors and hedge funds have recently added to or reduced their stakes in NIU. Sei Investments Co. increased its holdings in shares of Niu Technologies by 75.5% during the third quarter. Sei Investments Co. now owns 20,979 shares of the company’s stock worth $98,000 after buying an additional 9,028 shares in the last quarter. OMERS ADMINISTRATION Corp bought a new position in Niu Technologies in the 2nd quarter valued at $45,000. Nomura Holdings Inc. acquired a new position in Niu Technologies in the second quarter worth $51,000. E Fund Management Co. Ltd. bought a new stake in shares of Niu Technologies during the second quarter worth $54,000. Finally, Banco Bilbao Vizcaya Argentaria S.A. acquired a new stake in shares of Niu Technologies in the third quarter valued at $78,000. 75.06% of the stock is currently owned by institutional investors and hedge funds.

Niu Technologies Price Performance

Shares of Niu Technologies stock traded down $0.01 during midday trading on Friday, hitting $3.14. 328,625 shares of the company were exchanged, compared to its average volume of 617,088. The firm has a 50 day simple moving average of $3.38 and a 200-day simple moving average of $3.91. The firm has a market cap of $244.67 million, a P/E ratio of -62.80 and a beta of -0.35. Niu Technologies has a 52 week low of $1.79 and a 52 week high of $5.67.

Niu Technologies (NASDAQ:NIU) last released its quarterly earnings data on Monday, November 17th. The company reported $0.14 earnings per share (EPS) for the quarter. The firm had revenue of $237.94 million during the quarter. Niu Technologies had a negative return on equity of 2.32% and a negative net margin of 0.48%.

Niu Technologies Company Profile

Niu Technologies Co, Ltd., established in 2014 and headquartered in Beijing, is a leading designer and manufacturer of smart electric scooters and micro-mobility solutions. The company integrates Internet of Things (IoT) connectivity into its vehicles, enabling real-time monitoring of battery status, vehicle diagnostics, and location tracking through its proprietary mobile application. By leveraging lightweight materials and modular battery systems, Niu aims to deliver efficient urban transportation alternatives that reduce reliance on conventional gasoline-powered motorcycles and cars.

Niu’s product portfolio encompasses a range of electric scooters, motorcycles, and e-bikes marketed under its NQi, MQi, and UQi series.