Short Interest in Autozi Internet Technology (Global) Ltd. (NASDAQ:AZI) Grows By 1,566.4%

Autozi Internet Technology (Global) Ltd. (NASDAQ:AZI) was the recipient of a large increase in short interest during the month of June. As of June 15th, there was short interest totaling 489,511 shares, an increase of 1,566.4% from the May 31st total of 29,376 shares. Based on an average daily volume of 20,938,158 shares, the days-to-cover ratio is currently 0.0 days. Approximately 195.8% of the shares of the company are sold short.

Autozi Internet Technology (Global) Trading Up 73.7%

Shares of AZI stock traded up $0.84 during mid-day trading on Thursday, reaching $1.98. The company’s stock had a trading volume of 65,887,912 shares, compared to its average volume of 13,170,980. The firm’s 50-day moving average is $1.37 and its two-hundred day moving average is $10.24. Autozi Internet Technology has a 1-year low of $1.01 and a 1-year high of $292.50.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the stock. Weiss Ratings restated a “sell (e+)” rating on shares of Autozi Internet Technology (Global) in a report on Monday, April 20th. Wall Street Zen downgraded Autozi Internet Technology (Global) from a “hold” rating to a “strong sell” rating in a research note on Saturday, March 14th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, Autozi Internet Technology (Global) presently has a consensus rating of “Sell”.

About Autozi Internet Technology (Global)

Autozi Internet Technology (Global) Ltd., through its subsidiaries, provides professional one-stop automotive products and services through online and offline channels in the People’s Republic of China. It sells new cars, and auto parts and accessories, as well as offers automotive insurance related services. The company was founded in 2010 and is based in Beijing, China.