NAMI Corp. (NASDAQ:NAMI) Short Interest Down 40.8% in May

NAMI Corp. (NASDAQ:NAMI) saw a large decline in short interest during the month of May. As of May 29th, there was short interest totaling 13,106 shares, a decline of 40.8% from the May 14th total of 22,123 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 312,462 shares, the days-to-cover ratio is presently 0.0 days.

NAMI Price Performance

NAMI stock traded up $0.01 during trading hours on Tuesday, reaching $0.25. The company had a trading volume of 20,330 shares, compared to its average volume of 795,193. The company has a 50-day moving average price of $0.39 and a 200 day moving average price of $0.55. NAMI has a 12-month low of $0.22 and a 12-month high of $2.05.

NAMI shares are scheduled to reverse split before the market opens on Tuesday, June 23rd. The 1-625 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the closing bell on Monday, June 22nd.

NAMI (NASDAQ:NAMI) last announced its quarterly earnings results on Tuesday, April 28th. The company reported ($0.06) EPS for the quarter. The business had revenue of $14.97 million during the quarter.

Analyst Ratings Changes

Separately, Weiss Ratings upgraded NAMI from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Wednesday, June 3rd. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, NAMI has an average rating of “Sell”.

About NAMI

Jinxin Technology Holding Co engages in the provision of digital content services. The company was founded in August 2015 and is headquartered in Shanghai, China.