Connexa Sports Technologies Inc. (NASDAQ:YYAI) Short Interest Update

Connexa Sports Technologies Inc. (NASDAQ:YYAI) was the recipient of a significant decrease in short interest during the month of September. As of September 15th, there was short interest totalling 116,500 shares, a decrease of 23.9% from the August 31st total of 153,000 shares. Approximately 2.5% of the shares of the stock are sold short. Based on an average trading volume of 92,700 shares, the days-to-cover ratio is presently 1.3 days.

Connexa Sports Technologies Stock Performance

YYAI opened at $6.95 on Friday. The firm has a 50 day moving average of $9.41. Connexa Sports Technologies has a 1-year low of $2.89 and a 1-year high of $112.80.

Connexa Sports Technologies (NASDAQ:YYAI) last posted its earnings results on Tuesday, September 10th. The company reported ($1.91) earnings per share for the quarter. The company had revenue of $0.71 million for the quarter. Connexa Sports Technologies had a negative return on equity of 1,557.21% and a negative net margin of 565.12%.

Connexa Sports Technologies Company Profile

Connexa Sports Technologies Inc operates as a sports company. It offers Slinger Launcher, a portable padel tennis ball launcher and pickleball launcher. The company also offers Gameface AI, a performance analytics application for sports. It delivers products, technologies, and services across the watch, play, and learn activities in sports.