NAMI Corp. (NASDAQ:NAMI) Short Interest Update

NAMI Corp. (NASDAQ:NAMI) saw a significant growth in short interest in July. As of July 15th, there was short interest totaling 18,230 shares, a growth of 5,632.7% from the June 30th total of 318 shares. Based on an average trading volume of 80,700 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.6% of the company’s shares are short sold.

Wall Street Analysts Forecast Growth

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

NAMI Trading Down 2.4%

Shares of NASDAQ NAMI traded down $0.07 during trading hours on Friday, hitting $3.08. The company had a trading volume of 4,904 shares, compared to its average volume of 21,086. NAMI has a 1-year low of $3.00 and a 1-year high of $51.25. The firm’s 50 day moving average is $5.63 and its 200-day moving average is $10.99.

NAMI (NASDAQ:NAMI) last issued its earnings results on Tuesday, April 28th. The company reported ($1.62) earnings per share for the quarter. The company 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.