Short Interest in Nisun International Enterprise Development Group Co., Ltd (NASDAQ:AIOS) Drops By 68.1%

Nisun International Enterprise Development Group Co., Ltd (NASDAQ:AIOS) was the target of a large decrease in short interest in June. As of June 15th, there was short interest totaling 5,577 shares, a decrease of 68.1% from the May 31st total of 17,463 shares. Approximately 2.4% of the shares of the stock are sold short. Based on an average daily volume of 22,049 shares, the days-to-cover ratio is presently 0.3 days.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the stock. Weiss Ratings lowered shares of Nisun International Enterprise Development Group from a “sell (d)” rating to a “sell (e+)” rating in a research report on Friday, April 24th. Wall Street Zen downgraded shares of Nisun International Enterprise Development Group to a “strong sell” rating in a report on Saturday. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the stock has an average rating of “Sell”.

Nisun International Enterprise Development Group Price Performance

AIOS traded down $0.34 during trading on Tuesday, reaching $11.96. 5,045 shares of the company’s stock were exchanged, compared to its average volume of 151,449. The stock has a fifty day moving average price of $13.89. Nisun International Enterprise Development Group has a one year low of $6.54 and a one year high of $98.00.

Nisun International Enterprise Development Group (NASDAQ:AIOS) last issued its quarterly earnings results on Monday, April 20th. The company reported ($323.40) EPS for the quarter. The firm had revenue of ($43.00) million for the quarter.

About Nisun International Enterprise Development Group

Nisun International Enterprise Development Group Co, Ltd, an investment holding company, provides technology-driven integrated supply chain solutions for enterprises and financial institutions in the People’s Republic of China and internationally. It offers professional solutions for technology supply chain management, technology asset routing, and digital transformation of tech and finance institutions. The company also provides a range of technology-driven customized financing solutions to small- and mid-sized enterprises (SMEs) to enhance SMEs’ access to capital through its closed-loop ecosystem built on fintech platforms; and direct banking solutions to small- and medium-sized commercial banks and other financial institutions in their distribution and management of direct banking and other financial products.