Niu Technologies (NASDAQ:NIU – Get Free Report) was the recipient of a significant increase in short interest in the month of September. As of September 15th, there was short interest totalling 1,070,000 shares, an increase of 19.4% from the August 31st total of 895,800 shares. Based on an average daily volume of 242,200 shares, the days-to-cover ratio is currently 4.4 days.
Niu Technologies Trading Up 7.7 %
Niu Technologies stock traded up $0.17 during mid-day trading on Monday, reaching $2.39. The company’s stock had a trading volume of 629,434 shares, compared to its average volume of 332,747. The firm has a market cap of $185.37 million, a price-to-earnings ratio of -5.09 and a beta of 0.51. The business has a 50 day moving average price of $1.89 and a 200-day moving average price of $1.97. Niu Technologies has a twelve month low of $1.57 and a twelve month high of $2.85.
Niu Technologies (NASDAQ:NIU – Get Free Report) last announced its quarterly earnings results on Monday, August 12th. The company reported ($0.04) earnings per share (EPS) for the quarter. Niu Technologies had a negative net margin of 10.22% and a negative return on equity of 26.48%. The firm had revenue of $129.42 million for the quarter.
Hedge Funds Weigh In On Niu Technologies
About Niu Technologies
Niu Technologies designs, manufactures, and sells electric scooters in the People's Republic of China, Europe, and internationally. The company offers RQi, NQi, MQi, SQi, UQi, F, and Gova series smart electric scooters, motorcycles, mopeds, and bicycles; KQi series kick-scooters; BQi series e-bikes; and Niu Aero Sports Bicycles.
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