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

Jiuzi Holdings, Inc. (NASDAQ:JZXN) was the recipient of a significant increase in short interest during the month of February. As of February 13th, there was short interest totaling 255,038 shares, an increase of 604.6% from the January 29th total of 36,197 shares. Currently, 48.7% of the shares of the company are short sold. Based on an average daily trading volume, of 11,961,438 shares, the days-to-cover ratio is currently 0.0 days. Based on an average daily trading volume, of 11,961,438 shares, the days-to-cover ratio is currently 0.0 days. Currently, 48.7% of the shares of the company are short sold.

Jiuzi Price Performance

JZXN traded down $0.06 during trading on Wednesday, reaching $1.25. The company’s stock had a trading volume of 152,095 shares, compared to its average volume of 6,937,830. The company’s fifty day moving average price is $1.69 and its 200-day moving average price is $14.18. Jiuzi has a 52-week low of $1.03 and a 52-week high of $312.80.

Analysts Set New Price Targets

A number of research firms have weighed in on JZXN. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Jiuzi in a research report on Thursday, January 22nd. Wall Street Zen upgraded Jiuzi to a “hold” rating in a research note on Saturday, December 13th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Jiuzi currently has an average rating of “Sell”.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Jiuzi stock. Anson Funds Management LP acquired a new stake in Jiuzi Holdings, Inc. (NASDAQ:JZXN) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 616,216 shares of the company’s stock, valued at approximately $263,000. Anson Funds Management LP owned 1.23% of Jiuzi as of its most recent SEC filing. 0.62% of the stock is owned by institutional investors and hedge funds.

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.