TEN Holdings, Inc. (NASDAQ:XHLD) Short Interest Down 41.2% in May

TEN Holdings, Inc. (NASDAQ:XHLDGet Free Report) was the target of a significant decline in short interest during the month of May. As of May 29th, there was short interest totaling 46,484 shares, a decline of 41.2% from the May 14th total of 79,063 shares. Based on an average trading volume of 16,359 shares, the short-interest ratio is presently 2.8 days. Currently, 1.2% of the company’s shares are short sold.

TEN Stock Performance

Shares of NASDAQ XHLD traded up $0.02 during mid-day trading on Monday, reaching $1.37. The company had a trading volume of 16,269 shares, compared to its average volume of 1,691,922. The stock’s 50-day moving average price is $1.40. The firm has a market cap of $5.45 million, a PE ratio of -0.33 and a beta of 2.42. TEN has a 52 week low of $1.03 and a 52 week high of $13.47.

TEN (NASDAQ:XHLDGet Free Report) last posted its quarterly earnings results on Wednesday, March 18th. The company reported ($3.93) EPS for the quarter. The company had revenue of $0.71 million during the quarter. TEN had a negative return on equity of 466.58% and a negative net margin of 546.18%.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of TEN in a research report on Friday, March 27th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Sell”.

Get Our Latest Stock Analysis on XHLD

TEN Company Profile

(Get Free Report)

We are a provider of event planning, production, and broadcasting services headquartered in Pennsylvania. We mainly produce virtual and hybrid events and physical events. Virtual and hybrid events involve virtual and hybrid event planning, production and broadcasting services, and continuing education services, all of which are supported by our proprietary Xyvid Pro Platform. Physical events mainly involve live streaming and video recording of physical events. TEN Holdings, Inc was incorporated under the laws of the State of Pennsylvania as a business corporation on February 12, 2024.

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