Nextech3D.AI Co. (OTCMKTS:NEXCF) Short Interest Down 18.4% in August

Nextech3D.AI Co. (OTCMKTS:NEXCF) saw a significant decrease in short interest in August. As of August 31st, there was short interest totalling 23,100 shares, a decrease of 18.4% from the August 15th total of 28,300 shares. Based on an average trading volume of 265,200 shares, the short-interest ratio is currently 0.1 days.

Nextech3D.AI Price Performance

Shares of OTCMKTS NEXCF opened at $0.06 on Monday. The business has a 50-day moving average price of $0.08 and a 200 day moving average price of $0.09. Nextech3D.AI has a 52-week low of $0.05 and a 52-week high of $0.25.

Nextech3D.AI (OTCMKTS:NEXCF) last issued its quarterly earnings data on Thursday, August 29th. The company reported ($0.01) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.02) by $0.01. The company had revenue of $0.81 million during the quarter, compared to analysts’ expectations of $0.87 million. Nextech3D.AI had a negative return on equity of 1,252.11% and a negative net margin of 388.76%. As a group, sell-side analysts expect that Nextech3D.AI will post -0.07 EPS for the current fiscal 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.