Short Interest in Jiuzi Holdings, Inc. (NASDAQ:JZXN) Increases By 104.6%

Jiuzi Holdings, Inc. (NASDAQ:JZXN) was the target of a large growth in short interest in July. As of July 15th, there was short interest totalling 35,600 shares, a growth of 104.6% from the June 30th total of 17,400 shares. Based on an average daily volume of 39,500 shares, the days-to-cover ratio is presently 0.9 days. Currently, 0.3% of the shares of the stock are short sold.

Jiuzi Stock Up 1.5 %

Shares of NASDAQ JZXN traded up $0.03 during midday trading on Friday, hitting $2.02. The company had a trading volume of 11,821 shares, compared to its average volume of 80,094. Jiuzi has a twelve month low of $1.74 and a twelve month high of $67.60. The business has a 50-day simple moving average of $3.96 and a two-hundred day simple moving average of $10.51.

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. The company was founded in 2017 and is based in Hangzhou, the People's Republic of China.