Jiuzi Holdings, Inc. (NASDAQ:JZXN) Sees Significant Drop in Short Interest

Jiuzi Holdings, Inc. (NASDAQ:JZXN) was the target of a large decline in short interest during the month of October. As of October 31st, there was short interest totalling 25,400 shares, a decline of 13.3% from the October 15th total of 29,300 shares. Based on an average daily volume of 126,200 shares, the short-interest ratio is presently 0.2 days. Approximately 0.3% of the shares of the stock are short sold.

Jiuzi Trading Up 0.4 %

Shares of JZXN stock traded up $0.01 on Monday, hitting $1.29. 11,015 shares of the stock traded hands, compared to its average volume of 65,026. The firm’s 50-day moving average price is $1.47 and its two-hundred day moving average price is $2.75. Jiuzi has a twelve month low of $1.00 and a twelve month high of $67.60.

Jiuzi Company Profile

Jiuzi Holdings, Inc, through its subsidiary, Zhejiang Jiuzi New Energy Vehicles Co, Ltd., franchises and operates retail stores under the Jiuzi brand that sell new energy vehicles, plug-in electric vehicles, and related components and parts in the People’s Republic of China. It provides corporate investment consulting services.