Jiuzi Holdings, Inc. (NASDAQ:JZXN – Get Free Report) was the target of a large growth in short interest in the month of March. As of March 31st, there was short interest totalling 17,800 shares, a growth of 42.4% from the March 15th total of 12,500 shares. Based on an average daily volume of 117,800 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.2% of the company’s stock are sold short.
Institutional Investors Weigh In On Jiuzi
An institutional investor recently bought a new position in Jiuzi stock. XTX Topco Ltd purchased a new stake in Jiuzi Holdings, Inc. (NASDAQ:JZXN – Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 31,904 shares of the company’s stock, valued at approximately $44,000. XTX Topco Ltd owned about 15.95% of Jiuzi as of its most recent filing with the Securities and Exchange Commission. Institutional investors own 0.62% of the company’s stock.
Jiuzi Stock Up 0.3 %
Shares of JZXN stock traded up $0.02 on Friday, hitting $6.71. 350,064 shares of the stock were exchanged, compared to its average volume of 144,160. The business has a 50-day moving average of $4.49 and a 200 day moving average of $2.57. Jiuzi has a fifty-two week low of $1.00 and a fifty-two week high of $7.20.
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. It provides corporate investment consulting services.
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