Nexentis Technologies Inc. (NASDAQ:NXTS) Stock Short Interest Report for October

Nexentis Technologies Inc. (NASDAQ:NXTS) saw a large growth in short interest in October. As of October 15th, there was short interest totaling 61,274 shares, a growth of 62.4% from the September 30th total of 37,720 shares. Approximately 4.5% of the shares of the stock are sold short. Based on an average daily trading volume, of 1,706,331 shares, the days-to-cover ratio is presently 0.0 days.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Nexentis Technologies in a research report on Tuesday, October 13th. One investment analyst has rated the stock with a Sell rating. According to MarketBeat, the stock currently has a consensus rating of “Sell”.

Nexentis Technologies Trading Up 7.1%

NASDAQ NXTS opened at $0.57 on Wednesday. The business has a 50 day simple moving average of $1.20 and a 200 day simple moving average of $4.10. Nexentis Technologies has a one year low of $0.50 and a one year high of $24.15. The stock has a market capitalization of $826,757.00, a P/E ratio of -0.01 and a beta of 1.95. The company has a debt-to-equity ratio of 0.12, a current ratio of 3.72 and a quick ratio of 3.72.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in Nexentis Technologies stock. Yorkville Advisors Global LP purchased a new position in Nexentis Technologies Inc. (NASDAQ:NXTS) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 16,409 shares of the company’s stock, valued at approximately $70,724. Yorkville Advisors Global LP owned approximately 1.13% of Nexentis Technologies at the end of the most recent quarter. 61.24% of the stock is owned by institutional investors.

Nexentis Technologies Company Profile

N2OFF, Inc, an agri-food tech company, engages in the development and sale of eco-friendly green solutions for the food industry to enhance food safety and shelf life of fresh produce. Its products are based on proprietary blend of food acids combined with various oxidizing agent-based sanitizers and low concentrated fungicides for cleaning, sanitizing, and controlling pathogens on fresh produce that are safer for human consumption and extend their shelf life by reducing their decay. The company’s products include SavePROTECT or PeroStar, a processing aid for post-harvest application that is added to fruit and vegetable wash water; and SF3HS and SF3H, a post-harvest cleaning and sanitizing solution to control plant and foodborne pathogens.