Nisun International Enterprise Development Group Co., Ltd (NASDAQ:NISN) Short Interest Down 19.1% in February

Nisun International Enterprise Development Group Co., Ltd (NASDAQ:NISN) was the recipient of a large decrease in short interest during the month of February. As of February 15th, there was short interest totalling 115,000 shares, a decrease of 19.1% from the January 31st total of 142,200 shares. Approximately 3.9% of the company’s stock are short sold. Based on an average daily volume of 94,200 shares, the days-to-cover ratio is currently 1.2 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Nisun International Enterprise Development Group stock. Citadel Advisors LLC purchased a new position in shares of Nisun International Enterprise Development Group Co., Ltd (NASDAQ:NISN) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 31,290 shares of the company’s stock, valued at approximately $210,000. Citadel Advisors LLC owned approximately 0.79% of Nisun International Enterprise Development Group at the end of the most recent quarter. Institutional investors own 4.73% of the company’s stock.

Nisun International Enterprise Development Group Price Performance

NISN traded up $0.05 on Tuesday, hitting $6.57. The company had a trading volume of 59,523 shares, compared to its average volume of 60,359. The stock has a fifty day moving average price of $6.72 and a 200-day moving average price of $9.36. Nisun International Enterprise Development Group has a 12-month low of $3.14 and a 12-month high of $22.55.

Nisun International Enterprise Development Group Company Profile

Nisun International Enterprise Development Group Co, Ltd (NASDAQ: NISN) is a technology-driven, integrated supply chain solutions provider focused on transforming the corporate finance industry. Leveraging its rich industry experience, Nisun is dedicated to providing professional supply chain solutions to Chinese and foreign enterprises and financial institutions.