Nisun International Enterprise Development Group Co., Ltd (NASDAQ:AIOS) Short Interest Up 432.0% in May

Nisun International Enterprise Development Group Co., Ltd (NASDAQ:AIOS) was the recipient of a large growth in short interest in the month of May. As of May 15th, there was short interest totaling 34,724 shares, a growth of 432.0% from the April 30th total of 6,527 shares. Based on an average daily trading volume, of 969,091 shares, the short-interest ratio is currently 0.0 days. Approximately 14.7% of the company’s stock are short sold.

Nisun International Enterprise Development Group Trading Up 0.1%

Shares of AIOS stock traded up $0.01 during mid-day trading on Friday, reaching $16.25. 14,426 shares of the company were exchanged, compared to its average volume of 167,155. The company has a 50 day moving average price of $13.01. Nisun International Enterprise Development Group has a fifty-two week low of $6.54 and a fifty-two week high of $98.00.

Nisun International Enterprise Development Group (NASDAQ:AIOS) last posted its quarterly earnings results on Monday, April 20th. The company reported ($323.40) earnings per share (EPS) for the quarter. The company had revenue of ($43.00) million for the quarter.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings cut shares of Nisun International Enterprise Development Group from a “sell (d)” rating to a “sell (e+)” rating in a research report on Friday, April 24th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company currently has an average rating of “Sell”.

Nisun International Enterprise Development Group Company Profile

Nisun International Enterprise Development Group Co, Ltd, an investment holding company, provides technology-driven integrated supply chain solutions for enterprises and financial institutions in the People’s Republic of China and internationally. It offers professional solutions for technology supply chain management, technology asset routing, and digital transformation of tech and finance institutions. The company also provides a range of technology-driven customized financing solutions to small- and mid-sized enterprises (SMEs) to enhance SMEs’ access to capital through its closed-loop ecosystem built on fintech platforms; and direct banking solutions to small- and medium-sized commercial banks and other financial institutions in their distribution and management of direct banking and other financial products.