NXT Energy Solutions Inc. (OTCMKTS:NSFDF) Short Interest Update

NXT Energy Solutions Inc. (OTCMKTS:NSFDF) was the target of a significant growth in short interest during the month of December. As of December 31st, there was short interest totaling 7,331 shares, a growth of 1,240.2% from the December 15th total of 547 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 20,591 shares, the days-to-cover ratio is presently 0.4 days. Based on an average trading volume of 20,591 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.0% of the company’s shares are short sold.

NXT Energy Solutions Stock Performance

Shares of NSFDF stock remained flat at $0.25 during mid-day trading on Monday. The stock has a market cap of $29.22 million, a price-to-earnings ratio of -6.16 and a beta of 1.40. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.65 and a current ratio of 1.65. The business has a 50-day moving average of $0.24 and a two-hundred day moving average of $0.40. NXT Energy Solutions has a 12-month low of $0.10 and a 12-month high of $0.67.

NXT Energy Solutions (OTCMKTS:NSFDF) last released its earnings results on Wednesday, November 12th. The energy company reported ($0.01) EPS for the quarter. The business had revenue of $0.07 million for the quarter. NXT Energy Solutions had a negative return on equity of 49.12% and a negative net margin of 29.96%.

NXT Energy Solutions Company Profile

NXT Energy Solutions Inc is a Canadian technology company specializing in non-invasive subsurface exploration for the oil and gas industry. Headquartered in Langley, British Columbia, the company develops and deploys advanced electromagnetic and magnetic gradiometry survey systems designed to detect and map hydrocarbon reservoirs without the need for traditional drilling or seismic sources. By integrating multiple geophysical techniques, NXT Energy Solutions aims to reduce exploration risk, optimize well placement and improve overall reservoir characterization.

The company’s core offering centers on a patented low-frequency electromagnetic (“EM”) technology combined with high-sensitivity magnetic gradiometer sensors.