Nextech3D.AI Co. (OTCMKTS:NEXCF) Sees Large Decline in Short Interest

Nextech3D.AI Co. (OTCMKTS:NEXCF) was the recipient of a significant decline in short interest in the month of June. As of June 30th, there was short interest totalling 26,100 shares, a decline of 63.0% from the June 15th total of 70,600 shares. Based on an average trading volume of 568,100 shares, the days-to-cover ratio is presently 0.0 days.

Nextech3D.AI Stock Performance

Shares of Nextech3D.AI stock traded up $0.00 during trading on Thursday, reaching $0.05. 67,447 shares of the stock were exchanged, compared to its average volume of 206,189. Nextech3D.AI has a 1 year low of $0.05 and a 1 year high of $0.54. The stock’s fifty day moving average is $0.08 and its 200 day moving average is $0.11.

Nextech3D.AI (OTCMKTS:NEXCF) last released its quarterly earnings data on Friday, May 24th. The company reported ($0.01) earnings per share for the quarter, topping the consensus estimate of ($0.03) by $0.02. Nextech3D.AI had a negative return on equity of 624.32% and a negative net margin of 457.45%. The business had revenue of $0.76 million during the quarter, compared to analysts’ expectations of $0.96 million. Sell-side analysts expect that Nextech3D.AI will post -0.08 EPS for the current year.

Nextech3D.AI Company Profile

Nextech3D.AI Corporation provides augmented reality technologies, wayfinding technologies, and 3D model services. It focuses on creating 3D WebAR photorealistic models for the prime ecommerce marketplace, as well as other online retailers. The company was formerly known as NexTech AR Solutions Corp. and changed its name to Nextech3D.AI Corporation in September 2023.