Jiuzi Holdings, Inc. (NASDAQ:JZXN) Short Interest Up 48.6% in June

Jiuzi Holdings, Inc. (NASDAQ:JZXN) was the recipient of a significant increase in short interest in the month of June. As of June 15th, there was short interest totalling 341,300 shares, an increase of 48.6% from the May 31st total of 229,600 shares. Based on an average daily volume of 796,000 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.3% of the company’s shares are short sold.

Jiuzi Trading Down 2.5 %

Shares of JZXN traded down $0.01 on Monday, reaching $0.35. 86,227 shares of the company’s stock were exchanged, compared to its average volume of 458,398. Jiuzi has a 12 month low of $0.29 and a 12 month high of $5.68. The business has a 50 day moving average price of $0.37 and a two-hundred day moving average price of $0.88.

About Jiuzi

Jiuzi Holdings, Inc, through its subsidiary, Zhejiang Jiuzi New Energy Vehicles Co, Ltd., franchises and operates retail stores under the Jiuzi brand that sell new energy vehicles, plug-in electric vehicles, and related components and parts in the People's Republic of China. The company was founded in 2017 and is based in Hangzhou, the People's Republic of China.