Autozi Internet Technology (Global) Ltd. (NASDAQ:AZI) Short Interest Up 1,566.4% in June

Autozi Internet Technology (Global) Ltd. (NASDAQ:AZI) was the recipient of a significant increase in short interest in the month of June. As of June 15th, there was short interest totaling 489,511 shares, an increase of 1,566.4% from the May 31st total of 29,376 shares. Currently, 195.8% of the shares of the company are sold short. Based on an average daily volume of 20,938,158 shares, the days-to-cover ratio is currently 0.0 days.

Autozi Internet Technology (Global) Stock Performance

Shares of AZI stock traded up $0.84 on Thursday, reaching $1.98. 65,887,912 shares of the company’s stock traded hands, compared to its average volume of 13,170,980. Autozi Internet Technology has a 12-month low of $1.01 and a 12-month high of $292.50. The business’s 50 day moving average price is $1.37 and its two-hundred day moving average price is $10.24.

Analyst Ratings Changes

AZI has been the topic of a number of recent research reports. Weiss Ratings reiterated a “sell (e+)” rating on shares of Autozi Internet Technology (Global) in a research note on Monday, April 20th. Wall Street Zen downgraded Autozi Internet Technology (Global) from a “hold” rating to a “strong sell” rating in a research note on Saturday, March 14th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock presently has an average rating of “Sell”.

About Autozi Internet Technology (Global)

Autozi Internet Technology (Global) Ltd., through its subsidiaries, provides professional one-stop automotive products and services through online and offline channels in the People’s Republic of China. It sells new cars, and auto parts and accessories, as well as offers automotive insurance related services. The company was founded in 2010 and is based in Beijing, China.