NAMI Corp. (NASDAQ:NAMI) Short Interest Up 906.9% in August

NAMI Corp. (NASDAQ:NAMI) was the recipient of a significant increase in short interest in August. As of August 14th, there was short interest totaling 86,062 shares, an increase of 906.9% from the July 30th total of 8,547 shares. Currently, 2.7% of the shares of the stock are sold short. Based on an average daily trading volume, of 5,877,553 shares, the short-interest ratio is currently 0.0 days.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings raised shares of NAMI from a “sell (e+)” rating to a “sell (d-)” rating in a report on Monday, August 17th. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company presently has an average rating of “Sell”.

NAMI Stock Up 0.2%

Shares of NAMI stock traded up $0.01 during trading hours on Wednesday, hitting $2.44. The company’s stock had a trading volume of 27,239 shares, compared to its average volume of 408,267. The business has a fifty day moving average of $3.55 and a 200-day moving average of $8.85. NAMI has a twelve month low of $2.25 and a twelve month high of $51.25.

About NAMI

Jinxin Technology Holding Co engages in the provision of digital content services. The company was founded in August 2015 and is headquartered in Shanghai, China.