Nexus Advanced Technologies Inc. (NASDAQ:NXAT) Shares Shorted: Short Interest Down 91.0% in September

Posted by Hanz Christensen on Oct 10th, 2026

Nexus Advanced Technologies Inc. (NASDAQ:NXAT – Get Free Report) was the target of a large decrease in short interest during the month of September. As of September 30th, there was short interest totaling 4,526 shares, a decrease of 91.0% from the September 15th total of 50,332 shares. Approximately 0.5% of the shares of the stock are sold short. Based on an average trading volume of 47,062 shares, the days-to-cover ratio is presently 0.1 days.

Analysts Set New Price Targets

Separately, Weiss Ratings cut shares of Nexus Advanced Technologies from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Friday. One research analyst has rated the stock with a Sell rating. Based on data from MarketBeat.com, the company currently has a consensus rating of “Sell”.

View Our Latest Research Report on Nexus Advanced Technologies

Nexus Advanced Technologies Trading Up 3.6%

NASDAQ:NXAT traded up $0.02 during midday trading on Friday, reaching $0.65. 1,270,088 shares of the stock traded hands, compared to its average volume of 1,313,978. The company has a fifty day moving average of $1.78 and a 200 day moving average of $6.08. Nexus Advanced Technologies has a 12 month low of $0.60 and a 12 month high of $99.90.

Institutional Trading of Nexus Advanced Technologies

A hedge fund recently bought a new stake in Nexus Advanced Technologies stock. Citadel Advisors LLC purchased a new stake in shares of Nexus Advanced Technologies Inc. (NASDAQ:NXAT – Free Report) in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 177,235 shares of the company’s stock, valued at approximately $26,000. Citadel Advisors LLC owned about 6.54% of Nexus Advanced Technologies at the end of the most recent reporting period. 62.18% of the stock is currently owned by institutional investors and hedge funds.

Nexus Advanced Technologies Company Profile

(Get Free Report)

Nexus Advanced Technologies Inc is a company pursuing strategic investments, acquisitions and partnerships across AI infrastructure and advanced technologies. Nexus Advanced Technologies Inc, formerly known as K Wave Media Ltd., is based in NEW YORK.