Short Interest in Nisun International Enterprise Development Group Co., Ltd (NASDAQ:AIOS) Decreases By 68.1%

Nisun International Enterprise Development Group Co., Ltd (NASDAQ:AIOS) saw a significant decline in short interest during the month of June. As of June 15th, there was short interest totaling 5,577 shares, a decline of 68.1% from the May 31st total of 17,463 shares. Based on an average daily trading volume, of 22,049 shares, the days-to-cover ratio is presently 0.3 days. Approximately 2.4% of the shares of the company are sold short.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on AIOS shares. Wall Street Zen lowered shares of Nisun International Enterprise Development Group to a “strong sell” rating in a report on Saturday. Weiss Ratings cut Nisun International Enterprise Development Group from a “sell (d)” rating to a “sell (e+)” rating in a research report on Friday, April 24th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company presently has an average rating of “Sell”.

Nisun International Enterprise Development Group Price Performance

Shares of Nisun International Enterprise Development Group stock traded down $0.95 during midday trading on Monday, reaching $12.51. The company had a trading volume of 30,863 shares, compared to its average volume of 152,427. The company’s fifty day moving average is $13.87. Nisun International Enterprise Development Group has a 1-year low of $6.54 and a 1-year high of $98.00.

Nisun International Enterprise Development Group (NASDAQ:AIOS) last posted its quarterly earnings data on Monday, April 20th. The company reported ($323.40) earnings per share (EPS) for the quarter. The business had revenue of ($43.00) million during the quarter.

About Nisun International Enterprise Development Group

Nisun International Enterprise Development Group Co, Ltd, an investment holding company, provides technology-driven integrated supply chain solutions for enterprises and financial institutions in the People’s Republic of China and internationally. It offers professional solutions for technology supply chain management, technology asset routing, and digital transformation of tech and finance institutions. The company also provides a range of technology-driven customized financing solutions to small- and mid-sized enterprises (SMEs) to enhance SMEs’ access to capital through its closed-loop ecosystem built on fintech platforms; and direct banking solutions to small- and medium-sized commercial banks and other financial institutions in their distribution and management of direct banking and other financial products.