NAMI Corp. (NASDAQ:NAMI) Short Interest Update

NAMI Corp. (NASDAQ:NAMI) saw a significant growth in short interest in the month of June. As of June 15th, there was short interest totaling 297,078 shares, a growth of 2,166.7% from the May 31st total of 13,106 shares. Based on an average daily volume of 1,058,240 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.4% of the company’s stock are short sold.

NAMI Stock Performance

Shares of NAMI stock traded down $0.64 on Thursday, hitting $4.34. The stock had a trading volume of 93,609 shares, compared to its average volume of 2,043,498. The business has a 50 day moving average of $0.44 and a 200 day moving average of $0.56. NAMI has a 12-month low of $3.38 and a 12-month high of $51.25.

NAMI (NASDAQ:NAMI) last released its quarterly earnings results on Tuesday, April 28th. The company reported ($0.06) earnings per share for the quarter. The company had revenue of $14.96 million for the quarter.

Analysts Set New Price Targets

Separately, Weiss Ratings lowered shares of NAMI from a “sell (d-)” rating to a “sell (e+)” rating in a report on Wednesday, June 17th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, NAMI presently has a consensus rating of “Sell”.

NAMI Company Profile

Jinxin Technology Holding Co engages in the provision of digital content services. The company was founded in August 2015 and is headquartered in Shanghai, China.