Nightfood Holdings, Inc. (OTCMKTS:NGTF – Get Free Report) saw a large decline in short interest in the month of May. As of May 29th, there was short interest totaling 73,791 shares, a decline of 40.7% from the May 14th total of 124,376 shares. Based on an average daily volume of 1,219,917 shares, the days-to-cover ratio is currently 0.1 days.
Nightfood Trading Up 5.7%
Shares of OTCMKTS:NGTF traded up $0.00 during mid-day trading on Monday, reaching $0.03. The company had a trading volume of 1,748,363 shares, compared to its average volume of 760,460. The company’s 50-day moving average price is $0.03 and its 200-day moving average price is $0.04. Nightfood has a one year low of $0.01 and a one year high of $0.11.
About Nightfood
Nightfood (OTCMKTS: NGTF) is a hospitality technology company focused on the development, acquisition, and deployment of service robotics for the hotel and lodging industry. The company’s strategy centers on addressing labor shortages and operational efficiency challenges within hospitality by providing autonomous robotic solutions designed to perform repetitive, labor-intensive tasks. Its portfolio has evolved to emphasize robotics that support guest services and back-of-house operations in hotel environments.
Nightfood’s business activities include the acquisition and integration of robotics companies, product development, and commercialization of service robots tailored for hospitality use cases.
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