Nexi S.p.A. (OTCMKTS:NEXXY) Short Interest Down 70.1% in February

Nexi S.p.A. (OTCMKTS:NEXXY) was the recipient of a significant drop in short interest in the month of February. As of February 28th, there was short interest totalling 2,600 shares, a drop of 70.1% from the February 13th total of 8,700 shares. Based on an average daily volume of 14,100 shares, the days-to-cover ratio is currently 0.2 days.

Nexi Trading Up 2.9 %

OTCMKTS NEXXY traded up $0.15 on Friday, reaching $5.50. The company had a trading volume of 304 shares, compared to its average volume of 7,875. Nexi has a 52 week low of $4.25 and a 52 week high of $6.98. The stock’s 50 day moving average is $5.16 and its 200-day moving average is $5.92.

About Nexi

Nexi S.p.A. provides electronic money and payment services to banks, financial and insurance institutions, merchants, businesses, and public administration in Italy. The company offers acquiring services; configuration, activation, and maintenance of POS terminals; fraud prevention; and dispute management services, as well as customer support services.