Short Interest in Jiuzi Holdings, Inc. (NASDAQ:JZXN) Declines By 9.3%

Jiuzi Holdings, Inc. (NASDAQ:JZXN) was the recipient of a large drop in short interest during the month of September. As of September 30th, there was short interest totalling 40,200 shares, a drop of 9.3% from the September 15th total of 44,300 shares. Based on an average daily volume of 144,200 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.4% of the company’s shares are sold short.

Jiuzi Stock Performance

Shares of NASDAQ JZXN opened at $1.46 on Thursday. The company’s 50 day moving average price is $1.69 and its 200-day moving average price is $4.20. Jiuzi has a 52-week low of $1.00 and a 52-week high of $67.60.

About Jiuzi

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.