NAMI Corp. (NASDAQ:NAMI) Sees Significant Growth in Short Interest

NAMI Corp. (NASDAQ:NAMI) was the recipient of a large growth in short interest in the month of 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 short-interest ratio is presently 0.2 days. Currently, 0.6% of the company’s shares are sold short.

NAMI Stock Performance

Shares of NAMI stock traded down $0.07 on Friday, reaching $3.08. The company had a trading volume of 4,904 shares, compared to its average volume of 21,086. The company has a 50-day moving average of $5.63 and a 200-day moving average of $10.99. NAMI has a 12 month low of $3.00 and a 12 month high of $51.25.

NAMI (NASDAQ:NAMI) last released its quarterly earnings data 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.

Wall Street Analyst Weigh In

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

NAMI Company Profile

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.