Jiuzi Holdings, Inc. (NASDAQ:JZXN) Short Interest Update

Jiuzi Holdings, Inc. (NASDAQ:JZXN) saw a large decrease in short interest during the month of April. As of April 30th, there was short interest totaling 26,637 shares, a decrease of 58.4% from the April 15th total of 64,084 shares. Based on an average trading volume of 49,436 shares, the short-interest ratio is presently 0.5 days. Approximately 5.1% of the shares of the stock are sold short.

Jiuzi Price Performance

NASDAQ:JZXN traded up $0.17 during trading hours on Friday, hitting $1.35. 8,920,954 shares of the stock traded hands, compared to its average volume of 4,783,941. The firm has a 50 day moving average price of $1.06 and a 200 day moving average price of $3.16. Jiuzi has a fifty-two week low of $0.75 and a fifty-two week high of $204.00.

Jiuzi (NASDAQ:JZXN) last announced its earnings results on Tuesday, February 24th. The company reported ($14.49) earnings per share (EPS) for the quarter. The business had revenue of $0.95 million for the quarter.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on JZXN. Wall Street Zen downgraded Jiuzi from a “hold” rating to a “sell” rating in a research report on Saturday, February 28th. Weiss Ratings reiterated a “sell (e+)” rating on shares of Jiuzi in a research report on Tuesday, April 21st. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company has a consensus rating of “Sell”.

Institutional Trading of Jiuzi

An institutional investor recently bought a new position in Jiuzi stock. Anson Funds Management LP bought a new stake in shares of Jiuzi Holdings, Inc. (NASDAQ:JZXN) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund bought 616,216 shares of the company’s stock, valued at approximately $263,000. Anson Funds Management LP owned 1.23% of Jiuzi as of its most recent SEC filing. Institutional investors own 0.62% of the company’s stock.

Jiuzi Company Profile

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. The company also engages in new energy vehicle retail, new energy vehicle component sales, new energy vehicle battery sales, vehicle audio equipment and electronics sales, vehicle ornament sales, technology service and development, marketing planning, vehicle rentals, etc.