NAMI Corp. (NASDAQ:NAMI) Sees Large Increase in Short Interest

NAMI Corp. (NASDAQ:NAMI) saw a large growth in short interest in August. As of August 14th, there was short interest totaling 86,062 shares, a growth of 906.9% from the July 30th total of 8,547 shares. Based on an average daily trading volume, of 5,877,553 shares, the days-to-cover ratio is currently 0.0 days. Currently, 2.7% of the shares of the stock are short sold.

NAMI Trading Down 2.4%

Shares of NASDAQ NAMI traded down $0.06 during trading hours on Tuesday, hitting $2.43. The stock had a trading volume of 64,456 shares, compared to its average volume of 3,154,714. The firm’s 50-day moving average price is $3.55 and its two-hundred day moving average price is $8.85. NAMI has a 52 week low of $2.32 and a 52 week high of $51.25.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings raised shares of NAMI from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Monday, August 17th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock currently has a consensus 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.