NAMI Corp. (NASDAQ:NAMI) Sees Significant Increase in Short Interest

NAMI Corp. (NASDAQ:NAMIGet Free Report) was the recipient of a large increase in short interest during the month of August. As of August 14th, there was short interest totaling 86,062 shares, an increase of 906.9% from the July 30th total of 8,547 shares. Based on an average daily volume of 5,877,553 shares, the days-to-cover ratio is currently 0.0 days. Currently, 2.7% of the shares of the company are short sold.

NAMI Trading Down 2.4%

Shares of NAMI stock traded down $0.06 during trading hours on Tuesday, hitting $2.43. 64,456 shares of the company were exchanged, compared to its average volume of 3,154,714. NAMI has a 1 year low of $2.32 and a 1 year high of $51.25. The firm has a fifty day moving average of $3.55 and a 200 day moving average of $8.85.

Analyst Ratings Changes

Separately, Weiss Ratings raised NAMI from a “sell (e+)” rating to a “sell (d-)” rating in a report on Monday, August 17th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, NAMI has a consensus rating of “Sell”.

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About NAMI

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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.

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