TEN Holdings, Inc. (NASDAQ:XHLD) Short Interest Update

TEN Holdings, Inc. (NASDAQ:XHLD) was the target of a significant decline in short interest in July. As of July 15th, there was short interest totaling 43,835 shares, a decline of 54.3% from the June 30th total of 95,910 shares. Based on an average daily volume of 738,237 shares, the days-to-cover ratio is currently 0.1 days. Approximately 1.2% of the shares of the stock are sold short.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of TEN in a report on Wednesday, June 24th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company currently has an average rating of “Sell”.

TEN Price Performance

Shares of XHLD stock opened at $1.66 on Tuesday. TEN has a one year low of $1.03 and a one year high of $13.47. The company’s 50-day simple moving average is $1.61 and its two-hundred day simple moving average is $1.63. The company has a market capitalization of $6.61 million, a P/E ratio of -0.40 and a beta of 1.61.

TEN Company Profile

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.