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

Jiuzi Holdings, Inc. (NASDAQ:JZXN) was the recipient of a significant decrease in short interest in January. As of January 15th, there was short interest totaling 10,801 shares, a decrease of 61.3% from the December 31st total of 27,888 shares. Approximately 2.1% of the company’s stock are sold short. Based on an average daily volume of 52,864 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily volume of 52,864 shares, the days-to-cover ratio is presently 0.2 days. Approximately 2.1% of the company’s stock are sold short.

Analyst Ratings Changes

A number of brokerages recently weighed in on JZXN. Wall Street Zen raised shares of Jiuzi to a “hold” rating in a research report on Saturday, December 13th. Weiss Ratings reiterated a “sell (e+)” rating on shares of Jiuzi in a research report on Thursday, January 22nd. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock presently has an average rating of “Sell”.

Jiuzi Trading Down 8.9%

JZXN stock traded down $0.14 during trading on Thursday, hitting $1.44. The stock had a trading volume of 134,147 shares, compared to its average volume of 351,380. Jiuzi has a 1-year low of $1.34 and a 1-year high of $312.80. The company’s 50 day moving average price is $3.56 and its two-hundred day moving average price is $19.78.

Institutional Trading of Jiuzi

A hedge fund recently bought a new stake in Jiuzi stock. Anson Funds Management LP purchased a new position in shares of Jiuzi Holdings, Inc. (NASDAQ:JZXN) during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 616,216 shares of the company’s stock, valued at approximately $263,000. Anson Funds Management LP owned 1.23% of Jiuzi at the end of the most recent quarter. 0.62% of the stock is currently owned by institutional investors.

About Jiuzi

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. The company also engages in new energy vehicle retail, new energy vehicle component sales, new energy vehicle battery sales, vehicle audio equipment and electronics sales, vehicle ornament sales, technology service and development, marketing planning, vehicle rentals, etc.