NAMI Corp. (NASDAQ:NAMI) Short Interest Update

NAMI Corp. (NASDAQ:NAMI) was the recipient of a large growth in short interest in the month of June. As of June 15th, there was short interest totaling 297,078 shares, a growth of 2,166.7% from the May 31st total of 13,106 shares. Currently, 0.4% of the shares of the company are sold short. Based on an average daily volume of 1,058,240 shares, the days-to-cover ratio is currently 0.3 days.

NAMI Stock Performance

NASDAQ:NAMI traded down $0.64 during trading hours on Thursday, reaching $4.34. The stock had a trading volume of 93,609 shares, compared to its average volume of 2,043,498. The stock has a 50 day simple moving average of $0.44 and a 200 day simple moving average of $0.56. NAMI has a 12-month low of $3.38 and a 12-month high of $51.25.

NAMI (NASDAQ:NAMI) last issued its quarterly earnings results on Tuesday, April 28th. The company reported ($0.06) EPS for the quarter. The firm had revenue of $14.96 million during the quarter.

Analyst Ratings Changes

Separately, Weiss Ratings cut NAMI from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Wednesday, June 17th. One analyst has rated the stock with a Sell rating, Based on 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.