Short Interest in Nisun International Enterprise Development Group Co., Ltd (NASDAQ:AIOS) Increases By 195.0%

Nisun International Enterprise Development Group Co., Ltd (NASDAQ:AIOS) was the target of a significant increase in short interest in the month of June. As of June 30th, there was short interest totaling 16,452 shares, an increase of 195.0% from the June 15th total of 5,577 shares. Approximately 7.0% of the shares of the company are short sold. Based on an average daily trading volume, of 117,723 shares, the short-interest ratio is currently 0.1 days.

Nisun International Enterprise Development Group Trading Down 5.9%

Nisun International Enterprise Development Group stock traded down $0.84 during trading hours on Monday, hitting $13.43. 3,816 shares of the company traded hands, compared to its average volume of 144,259. The firm’s 50-day moving average price is $14.74. 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 released its quarterly 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

A number of equities analysts recently issued reports on AIOS shares. Wall Street Zen lowered Nisun International Enterprise Development Group to a “strong sell” rating in a report on Saturday, June 27th. Weiss Ratings lowered Nisun International Enterprise Development Group from a “sell (d)” rating to a “sell (e+)” rating in a research report on Friday, April 24th. One investment 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”.

About Nisun International Enterprise Development Group

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.