Connexa Sports Technologies Inc. (NASDAQ:YYAI) Short Interest Update

Connexa Sports Technologies Inc. (NASDAQ:YYAI) was the target of a significant decrease in short interest during the month of December. As of December 15th, there was short interest totalling 238,100 shares, a decrease of 20.3% from the November 30th total of 298,700 shares. Based on an average trading volume of 307,700 shares, the days-to-cover ratio is presently 0.8 days. Currently, 5.0% of the company’s stock are sold short.

Connexa Sports Technologies Trading Up 3.5 %

YYAI opened at $1.19 on Monday. The stock has a fifty day moving average price of $3.05 and a 200 day moving average price of $7.46. Connexa Sports Technologies has a 1 year low of $0.88 and a 1 year high of $53.00. The stock has a market cap of $17.33 million, a price-to-earnings ratio of 0.00 and a beta of -1.84.

Connexa Sports Technologies (NASDAQ:YYAI) last announced its quarterly earnings results on Friday, December 13th. The company reported ($0.24) EPS for the quarter. Connexa Sports Technologies had a negative net margin of 565.12% and a negative return on equity of 1,557.21%.

Connexa Sports Technologies Company Profile

Connexa Sports Technologies Inc engages in the sports equipment and technology business in the United States. The company offers Slinger Launcher, a portable padel tennis ball launcher and pickleball launcher; and Slinger Bag Launcher, a ball launcher built into transport wheeled trolley bag. It also provides Gameface, AI technology and performance analytics for sports.