Nisun International Enterprise Development Group Co., Ltd (NASDAQ:AIOS) Short Interest Down 68.1% in June

Nisun International Enterprise Development Group Co., Ltd (NASDAQ:AIOS) saw a large decline in short interest in the month of June. As of June 15th, there was short interest totaling 5,577 shares, a decline of 68.1% from the May 31st total of 17,463 shares. Based on an average trading volume of 22,049 shares, the days-to-cover ratio is currently 0.3 days. Approximately 2.4% of the shares of the company are short sold.

Nisun International Enterprise Development Group Price Performance

NASDAQ:AIOS traded up $1.74 during midday trading on Friday, hitting $13.46. 82,974 shares of the stock were exchanged, compared to its average volume of 72,010. Nisun International Enterprise Development Group has a one year low of $6.54 and a one year high of $98.00. The company’s 50-day moving average price is $13.87.

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

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on the company. Wall Street Zen cut Nisun International Enterprise Development Group to a “strong sell” rating in a research note on Saturday. Weiss Ratings lowered 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.com, the stock has an average rating of “Sell”.

About Nisun International Enterprise Development Group

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.