Niu Technologies (NASDAQ:NIU) Short Interest Update

Niu Technologies (NASDAQ:NIUGet Free Report) saw a large drop in short interest in February. As of February 27th, there was short interest totaling 772,589 shares, a drop of 19.0% from the February 12th total of 954,094 shares. Based on an average daily trading volume, of 302,868 shares, the days-to-cover ratio is currently 2.6 days. Approximately 1.1% of the company’s shares are sold short. Approximately 1.1% of the company’s shares are sold short. Based on an average daily trading volume, of 302,868 shares, the days-to-cover ratio is currently 2.6 days.

Analyst Ratings Changes

NIU has been the topic of a number of recent research reports. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Niu Technologies in a research report on Thursday, January 22nd. Wall Street Zen downgraded shares of Niu Technologies from a “buy” rating to a “hold” rating in a research note on Saturday, January 17th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock has an average rating of “Sell”.

Check Out Our Latest Stock Analysis on Niu Technologies

Institutional Trading of Niu Technologies

Hedge funds have recently bought and sold shares of the stock. Invesco Ltd. raised its holdings in Niu Technologies by 101.4% in the 4th quarter. Invesco Ltd. now owns 3,649,665 shares of the company’s stock valued at $11,058,000 after acquiring an additional 1,837,089 shares during the period. Polunin Capital Partners Ltd grew its position in Niu Technologies by 36.3% during the 3rd quarter. Polunin Capital Partners Ltd now owns 1,460,883 shares of the company’s stock worth $6,603,000 after acquiring an additional 388,821 shares during the last quarter. Acadian Asset Management LLC boosted its position in Niu Technologies by 300.0% during the 2nd quarter. Acadian Asset Management LLC now owns 840,876 shares of the company’s stock worth $2,818,000 after buying an additional 630,653 shares during the period. Renaissance Technologies LLC lifted its holdings in Niu Technologies by 85.4% during the 4th quarter. Renaissance Technologies LLC now owns 544,400 shares of the company’s stock worth $1,650,000 after buying an additional 250,800 shares during the period. Finally, Dimensional Fund Advisors LP increased its position in Niu Technologies by 18.9% in the 4th quarter. Dimensional Fund Advisors LP now owns 442,193 shares of the company’s stock valued at $1,341,000 after buying an additional 70,361 shares in the last quarter. 75.06% of the stock is currently owned by institutional investors and hedge funds.

Niu Technologies Price Performance

Niu Technologies stock opened at $3.73 on Friday. Niu Technologies has a 12 month low of $2.62 and a 12 month high of $5.67. The company has a market cap of $290.64 million, a PE ratio of -74.60 and a beta of -0.24. The company has a fifty day moving average price of $3.42 and a two-hundred day moving average price of $3.79.

About Niu Technologies

(Get Free Report)

Niu Technologies Co, Ltd., established in 2014 and headquartered in Beijing, is a leading designer and manufacturer of smart electric scooters and micro-mobility solutions. The company integrates Internet of Things (IoT) connectivity into its vehicles, enabling real-time monitoring of battery status, vehicle diagnostics, and location tracking through its proprietary mobile application. By leveraging lightweight materials and modular battery systems, Niu aims to deliver efficient urban transportation alternatives that reduce reliance on conventional gasoline-powered motorcycles and cars.

Niu’s product portfolio encompasses a range of electric scooters, motorcycles, and e-bikes marketed under its NQi, MQi, and UQi series.

Further Reading

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