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

NAMI Corp. (NASDAQ:NAMI) saw a significant growth in short interest in the month of July. As of July 15th, there was short interest totaling 18,230 shares, a growth of 5,632.7% from the June 30th total of 318 shares. Based on an average daily volume of 80,700 shares, the short-interest ratio is presently 0.2 days. Currently, 0.6% of the company’s shares are sold short.

NAMI Stock Performance

NAMI opened at $3.08 on Friday. NAMI has a 52 week low of $3.00 and a 52 week high of $51.25. The business has a fifty day simple moving average of $5.63 and a 200-day simple moving average of $10.99.

NAMI (NASDAQ:NAMI) last issued its quarterly earnings data on Tuesday, April 28th. The company reported ($1.62) earnings per share for the quarter. The firm had revenue of $14.96 million during the quarter.

Analysts Set New Price Targets

Separately, Weiss Ratings raised shares of NAMI from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Wednesday, July 1st. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Sell”.

NAMI Company Profile

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.