Nisun International Enterprise Development Group Co., Ltd (NASDAQ:NISN – Get Free Report) was the recipient of a significant drop in short interest in the month of September. As of September 15th, there was short interest totalling 59,700 shares, a drop of 22.4% from the August 31st total of 76,900 shares. Currently, 2.0% of the shares of the company are sold short. Based on an average daily volume of 222,700 shares, the days-to-cover ratio is presently 0.3 days.
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in Nisun International Enterprise Development Group stock. Quadrature Capital Ltd bought a new position in Nisun International Enterprise Development Group Co., Ltd (NASDAQ:NISN – Free Report) in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 19,632 shares of the company’s stock, valued at approximately $105,000. Quadrature Capital Ltd owned 0.52% of Nisun International Enterprise Development Group at the end of the most recent reporting period. Hedge funds and other institutional investors own 4.73% of the company’s stock.
Nisun International Enterprise Development Group Stock Down 6.1 %
NISN stock traded down $1.10 during midday trading on Friday, hitting $17.01. The stock had a trading volume of 87,284 shares, compared to its average volume of 141,503. Nisun International Enterprise Development Group has a 52 week low of $2.16 and a 52 week high of $19.56. The stock has a 50-day simple moving average of $11.52 and a 200 day simple moving average of $7.58.
About Nisun International Enterprise Development Group
Nisun International Enterprise Development Group Co, Ltd (NASDAQ: NISN) is a technology-driven, integrated supply chain solutions provider focused on transforming the corporate finance industry. Leveraging its rich industry experience, Nisun is dedicated to providing professional supply chain solutions to Chinese and foreign enterprises and financial institutions.
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