Jiuzi Holdings, Inc. (NASDAQ:JZXN) Sees Significant Increase in Short Interest

Jiuzi Holdings, Inc. (NASDAQ:JZXN) was the target of a large increase in short interest during the month of April. As of April 15th, there was short interest totalling 304,400 shares, an increase of 34.0% from the March 31st total of 227,100 shares. Approximately 0.3% of the company’s shares are short sold. Based on an average trading volume of 668,800 shares, the short-interest ratio is currently 0.5 days.

Jiuzi Price Performance

Shares of Jiuzi stock opened at $0.36 on Friday. Jiuzi has a 12-month low of $0.35 and a 12-month high of $6.62. The company’s fifty day simple moving average is $1.48 and its two-hundred day simple moving average is $0.99.

About Jiuzi

Jiuzi Holdings, Inc, through its subsidiary, Zhejiang Jiuzi New Energy Vehicles Co, Ltd., franchises and operates retail stores under the Jiuzi brand that sell new energy vehicles, plug-in electric vehicles, and related components and parts in the People's Republic of China. The company was founded in 2017 and is based in Hangzhou, the People's Republic of China.