Texxon Holding Limited (NASDAQ:NPT) Shares Shorted: Short Interest Up 70.0% in October

Texxon Holding Limited (NASDAQ:NPT – Get Free Report) was the target of a significant increase in short interest during the month of October. As of October 15th, there was short interest totaling 1,564 shares, an increase of 70.0% from the September 30th total of 920 shares. Based on an average daily volume of 20,366 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are sold short.

Texxon Stock Up 6.6%

Shares of NASDAQ NPT opened at $1.77 on Wednesday. Texxon has a 12 month low of $1.14 and a 12 month high of $22.38. The business has a fifty day simple moving average of $2.55 and a 200-day simple moving average of $4.39.

Analysts Set New Price Targets

A number of analysts recently weighed in on NPT shares. Weiss Ratings upgraded shares of Texxon from a “sell (e)” rating to a “sell (d-)” rating in a report on Monday, July 13th. Wall Street Zen upgraded shares of Texxon from a “sell” rating to a “hold” rating in a research report on Sunday, July 12th. One research analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, the stock presently has an average rating of “Sell”.

View Our Latest Stock Analysis on NPT

About Texxon

(Get Free Report)

Texxon Holding Limited is a provider of supply chain management services in the plastics and chemical industries principally in East China. Texxon Holding Limited is based in Shanghai, China.

Further Reading

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