Short Interest in Autozi Internet Technology (Global) Ltd. (NASDAQ:AZI) Rises By 1,145.8%

Autozi Internet Technology (Global) Ltd. (NASDAQ:AZI) saw a significant growth in short interest in the month of August. As of August 14th, there was short interest totaling 260,667 shares, a growth of 1,145.8% from the July 30th total of 20,923 shares. Based on an average daily trading volume, of 8,555,242 shares, the days-to-cover ratio is presently 0.0 days. Currently, 104.3% of the company’s shares are short sold.

Analyst Ratings Changes

AZI has been the subject of a number of research reports. Weiss Ratings reiterated a “sell (e+)” rating on shares of Autozi Internet Technology (Global) in a report on Friday, July 17th. Wall Street Zen upgraded shares of Autozi Internet Technology (Global) to a “sell” rating in a research report on Saturday, August 15th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock presently has an average rating of “Sell”.

Autozi Internet Technology (Global) Stock Performance

AZI stock traded down $0.03 during trading on Tuesday, hitting $1.29. The company had a trading volume of 135,943 shares, compared to its average volume of 3,789,694. The business has a 50-day moving average of $1.47 and a 200-day moving average of $2.51. Autozi Internet Technology has a one year low of $1.00 and a one year high of $120.00.

Autozi Internet Technology (Global) Company Profile

Autozi Internet Technology (Global) Ltd., through its subsidiaries, provides professional one-stop automotive products and services through online and offline channels in the People’s Republic of China. It sells new cars, and auto parts and accessories, as well as offers automotive insurance related services. The company was founded in 2010 and is based in Beijing, China.