Autozi Internet Technology (Global) Ltd. (NASDAQ:AZI) Sees Significant Drop in Short Interest

Autozi Internet Technology (Global) Ltd. (NASDAQ:AZI) was the target of a large decrease in short interest in July. As of July 15th, there was short interest totaling 17,969 shares, a decrease of 93.9% from the June 30th total of 292,959 shares. Approximately 7.2% of the company’s shares are short sold. Based on an average trading volume of 202,488 shares, the short-interest ratio is presently 0.1 days.

Autozi Internet Technology (Global) Stock Performance

Shares of Autozi Internet Technology (Global) stock traded down $0.08 during midday trading on Friday, hitting $1.16. The company had a trading volume of 90,472 shares, compared to its average volume of 2,592,204. Autozi Internet Technology has a 12-month low of $1.01 and a 12-month high of $138.50. The company has a fifty day simple moving average of $1.48 and a 200 day simple moving average of $6.67.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Autozi Internet Technology (Global) in a research note on Friday, July 17th. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock has an average rating of “Sell”.

Autozi Internet Technology (Global) Company Profile

Autozi Internet Technology (Global) Ltd., through its subsidiaries, provides professional one-stop automotive products and services through online and offline channels in the People’s Republic of China. It sells new cars, and auto parts and accessories, as well as offers automotive insurance related services. The company was founded in 2010 and is based in Beijing, China.