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

NAMI Corp. (NASDAQ:NAMI) was the target of a significant drop in short interest in 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. Approximately 0.0% of the company’s stock are sold short. Based on an average trading volume of 116,226 shares, the days-to-cover ratio is currently 0.0 days.

Wall Street Analyst Weigh In

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

NAMI Trading Up 3.6%

Shares of NAMI stock traded up $0.13 on Friday, reaching $3.73. 36,189 shares of the stock were exchanged, compared to its average volume of 93,964. The business has a 50 day moving average price of $6.89 and a two-hundred day moving average price of $12.12. NAMI has a twelve month low of $3.10 and a twelve month high of $51.25.

NAMI (NASDAQ:NAMI) last posted its quarterly earnings results on Tuesday, April 28th. The company reported ($1.62) earnings per share (EPS) for the quarter. The business had revenue of $14.96 million for 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.