Nextech3D.AI Corporation (OTCMKTS:NEXCF) Sees Large Drop in Short Interest

Nextech3D.AI Corporation (OTCMKTS:NEXCF) saw a significant drop in short interest in June. As of June 15th, there was short interest totaling 41,154 shares, a drop of 44.1% from the May 31st total of 73,601 shares. Based on an average daily trading volume, of 438,573 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are short sold.

Analyst Upgrades and Downgrades

Separately, Zacks Research upgraded Nextech3D.AI to a “hold” rating in a research note on Friday, March 6th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat, the stock currently has an average rating of “Hold”.

Nextech3D.AI Stock Up 4.9%

Shares of NEXCF stock opened at $0.10 on Wednesday. Nextech3D.AI has a 12 month low of $0.04 and a 12 month high of $0.80. The business’s 50 day moving average is $0.11 and its two-hundred day moving average is $0.11. The company has a market cap of $21.40 million, a PE ratio of -5.58 and a beta of 1.75.

Nextech3D.AI (OTCMKTS:NEXCF) last released its quarterly earnings results on Wednesday, June 24th. The company reported ($0.01) EPS for the quarter. The firm had revenue of $0.69 million for the quarter.

Nextech3D.AI Company Profile

Nextech3D.AI, formerly operating as NexTech 3D Printing Corp., is a technology firm focused on delivering augmented reality (AR) and artificial intelligence (AI) solutions to the e-commerce, retail and manufacturing sectors. The company develops tools that enable interactive 3D model creation, virtual product visualization and seamless integration of AR experiences into online storefronts and mobile applications.

The company’s flagship ARitize platform allows merchants to embed 3D and AR content directly into their websites, giving customers the ability to view, rotate and place virtual products in real-world settings.