NAMI Corp. (NASDAQ:NAMI – Get Free Report) saw a significant decline in short interest in the month of October. As of October 15th, there was short interest totaling 94,100 shares, a decline of 69.0% from the September 30th total of 303,550 shares. Based on an average daily trading volume, of 32,933 shares, the days-to-cover ratio is currently 2.9 days. Currently, 3.0% of the company’s shares are sold short.
NAMI Trading Down 4.5%
NAMI traded down $0.09 on Friday, reaching $1.81. The company’s stock had a trading volume of 12,120 shares, compared to its average volume of 773,638. NAMI has a 1 year low of $1.51 and a 1 year high of $26.75. The business’s 50 day moving average is $2.11 and its 200 day moving average is $7.92.
NAMI (NASDAQ:NAMI – Get Free Report) last posted its quarterly earnings data on Tuesday, September 22nd. The company reported ($3.31) EPS for the quarter. The business had revenue of $10.46 million for the quarter.
Wall Street Analyst Weigh In
Separately, Weiss Ratings cut NAMI from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Tuesday, September 29th. One analyst has rated the stock with a Sell rating. According to data from MarketBeat, NAMI presently 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.
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