Texxon Holding Limited (NASDAQ:NPT – Get Free Report) saw a significant decline in short interest in the month of May. As of May 15th, there was short interest totaling 5,081 shares, a decline of 95.9% from the April 30th total of 122,923 shares. Based on an average trading volume of 99,712 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the company are short sold.
Texxon Price Performance
NASDAQ NPT traded down $0.02 during midday trading on Thursday, hitting $1.24. The company had a trading volume of 9,280 shares, compared to its average volume of 943,242. The business has a 50-day moving average of $4.84. Texxon has a twelve month low of $1.14 and a twelve month high of $22.38.
Analyst Ratings Changes
Separately, Wall Street Zen cut Texxon from a “hold” rating to a “sell” rating in a report on Saturday, May 2nd. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Texxon presently has an average rating of “Sell”.
Texxon Company Profile
Texxon Holding Limited is a provider of supply chain management services in the plastics and chemical industries principally in East China. Texxon Holding Limited is based in Shanghai, China.
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