Texxon Holding Limited (NASDAQ:NPT) Short Interest Down 63.3% in July

Texxon Holding Limited (NASDAQ:NPT) saw a significant drop in short interest during the month of July. As of July 31st, there was short interest totaling 9,432 shares, a drop of 63.3% from the July 15th total of 25,679 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 31,212 shares, the days-to-cover ratio is presently 0.3 days.

Analyst Ratings Changes

Several equities analysts recently weighed in on the company. Wall Street Zen raised Texxon from a “sell” rating to a “hold” rating in a research report on Sunday, July 12th. Weiss Ratings raised Texxon from a “sell (e)” rating to a “sell (d-)” rating in a report on Monday, July 13th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Sell”.

Texxon Trading Down 0.6%

NPT stock traded down $0.02 on Friday, reaching $3.57. 12,187 shares of the company were exchanged, compared to its average volume of 40,651. Texxon has a 12 month low of $1.14 and a 12 month high of $22.38. The stock’s fifty day moving average price is $2.84 and its 200 day moving average price is $5.02.

Texxon (NASDAQ:NPT) last issued its quarterly earnings results on Tuesday, June 30th. The company reported ($0.02) earnings per share for the quarter. The business had revenue of $163.50 million for the quarter.

Texxon Company Profile

Texxon Holding Limited is a provider of supply chain management services in the plastics and chemical industries principally in East China. Texxon Holding Limited is based in Shanghai, China.