Autozi Internet Technology (Global) Ltd. (NASDAQ:AZI) Short Interest Up 1,145.8% in August

Autozi Internet Technology (Global) Ltd. (NASDAQ:AZI) was the recipient of a large increase in short interest in the month of August. As of August 14th, there was short interest totaling 260,667 shares, an increase of 1,145.8% from the July 30th total of 20,923 shares. Based on an average trading volume of 8,555,242 shares, the short-interest ratio is presently 0.0 days. Approximately 104.3% of the company’s shares are sold short.

Analysts Set New Price Targets

AZI has been the topic of a number of recent analyst reports. Weiss Ratings reissued a “sell (e+)” rating on shares of Autozi Internet Technology (Global) in a research note on Friday, July 17th. Wall Street Zen raised Autozi Internet Technology (Global) to a “sell” rating in a research note on Saturday, August 15th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Autozi Internet Technology (Global) presently has a consensus rating of “Sell”.

Autozi Internet Technology (Global) Trading Down 2.3%

AZI traded down $0.03 during midday trading on Tuesday, hitting $1.29. The company had a trading volume of 135,943 shares, compared to its average volume of 3,789,694. Autozi Internet Technology has a 52 week low of $1.00 and a 52 week high of $120.00. The stock’s 50 day moving average price is $1.47 and its 200 day moving average price is $2.51.

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.