NAMI Corp. (NASDAQ:NAMI) Sees Significant Drop in Short Interest

NAMI Corp. (NASDAQ:NAMI) was the recipient of a large drop in short interest in the month of June. As of June 30th, there was short interest totaling 318 shares, a drop of 99.9% from the June 15th total of 297,078 shares. Based on an average daily volume of 116,226 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the company’s shares are sold short.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings upgraded shares of NAMI from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Wednesday, July 1st. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, NAMI currently has an average rating of “Sell”.

NAMI Stock Up 3.6%

Shares of NAMI stock traded up $0.13 during midday trading on Friday, reaching $3.73. 36,189 shares of the stock were exchanged, compared to its average volume of 93,964. NAMI has a 1 year low of $3.10 and a 1 year high of $51.25. The company’s 50 day moving average is $6.89 and its two-hundred day moving average is $12.12.

NAMI (NASDAQ:NAMI) last released its earnings results on Tuesday, April 28th. The company reported ($1.62) EPS for the quarter. The firm had revenue of $14.96 million during the quarter.

About NAMI

Jinxin Technology Holding Co engages in the provision of digital content services. The company was founded in August 2015 and is headquartered in Shanghai, China.