Jiuzi Holdings, Inc. (NASDAQ:JZXN) Sees Significant Drop in Short Interest

Jiuzi Holdings, Inc. (NASDAQ:JZXN) was the target of a large decline in short interest in December. As of December 31st, there was short interest totalling 39,500 shares, a decline of 78.3% from the December 15th total of 182,300 shares. Approximately 0.4% of the shares of the stock are sold short. Based on an average daily trading volume, of 271,400 shares, the short-interest ratio is presently 0.1 days.

Jiuzi Stock Performance

NASDAQ:JZXN traded up $0.03 during mid-day trading on Tuesday, hitting $1.60. 38,489 shares of the company’s stock traded hands, compared to its average volume of 166,786. The firm’s 50 day simple moving average is $1.43 and its 200 day simple moving average is $1.77. Jiuzi has a 1 year low of $1.00 and a 1 year high of $67.60.

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.