Niu Technologies (NASDAQ:NIU – Get Free Report) saw a significant increase in short interest in the month of July. As of July 31st, there was short interest totalling 1,320,000 shares, an increase of 26.9% from the July 15th total of 1,040,000 shares. Based on an average daily volume of 288,000 shares, the short-interest ratio is presently 4.6 days.
Niu Technologies Trading Down 0.5 %
NASDAQ NIU traded down $0.01 during trading hours on Friday, hitting $1.83. 94,613 shares of the company’s stock traded hands, compared to its average volume of 346,694. Niu Technologies has a 52 week low of $1.57 and a 52 week high of $3.32. The firm has a market capitalization of $141.93 million, a P/E ratio of -3.89 and a beta of 0.47. The business’s fifty day moving average price is $1.91 and its two-hundred day moving average price is $1.94.
Niu Technologies (NASDAQ:NIU – Get Free Report) last posted its quarterly earnings data on Monday, May 20th. The company reported ($0.10) earnings per share for the quarter. The company had revenue of $69.91 million for the quarter. Niu Technologies had a negative net margin of 9.79% and a negative return on equity of 23.00%.
Institutional Trading of Niu Technologies
About Niu Technologies
Niu Technologies designs, manufactures, and sells electric scooters in the People's Republic of China, Europe, and internationally. The company offers RQi, NQi, MQi, SQi, UQi, F, and Gova series smart electric scooters, motorcycles, mopeds, and bicycles; KQi series kick-scooters; BQi series e-bikes; and Niu Aero Sports Bicycles.
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