Short Interest in Nisun International Enterprise Development Group Co., Ltd (NASDAQ:AIOS) Increases By 432.0%

Nisun International Enterprise Development Group Co., Ltd (NASDAQ:AIOS) was the target of a significant increase in short interest in the month of May. As of May 15th, there was short interest totaling 34,724 shares, an increase of 432.0% from the April 30th total of 6,527 shares. Approximately 14.7% of the company’s shares are sold short. Based on an average daily volume of 969,091 shares, the short-interest ratio is currently 0.0 days.

Nisun International Enterprise Development Group Price Performance

Shares of Nisun International Enterprise Development Group stock opened at $14.43 on Thursday. The firm’s 50-day simple moving average is $13.01. Nisun International Enterprise Development Group has a 1-year low of $6.54 and a 1-year high of $98.00.

Nisun International Enterprise Development Group (NASDAQ:AIOS) last posted its earnings results on Monday, April 20th. The company reported ($323.40) EPS for the quarter. The business had revenue of ($43.00) million for the quarter.

Analyst Ratings Changes

Separately, Weiss Ratings lowered shares of Nisun International Enterprise Development Group from a “sell (d)” rating to a “sell (e+)” rating in a report on Friday, April 24th. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, Nisun International Enterprise Development Group currently has a consensus rating of “Sell”.

Nisun International Enterprise Development Group Company Profile

Nisun International Enterprise Development Group Co, Ltd, an investment holding company, provides technology-driven integrated supply chain solutions for enterprises and financial institutions in the People’s Republic of China and internationally. It offers professional solutions for technology supply chain management, technology asset routing, and digital transformation of tech and finance institutions. The company also provides a range of technology-driven customized financing solutions to small- and mid-sized enterprises (SMEs) to enhance SMEs’ access to capital through its closed-loop ecosystem built on fintech platforms; and direct banking solutions to small- and medium-sized commercial banks and other financial institutions in their distribution and management of direct banking and other financial products.