Short Interest in Autozi Internet Technology (Global) Ltd. (NASDAQ:AZI) Expands By 1,145.8%

Autozi Internet Technology (Global) Ltd. (NASDAQ:AZI) was the target of a significant growth in short interest during the month of August. As of August 14th, there was short interest totaling 260,667 shares, a growth of 1,145.8% from the July 30th total of 20,923 shares. Approximately 104.3% of the company’s shares are short sold. Based on an average trading volume of 8,555,242 shares, the days-to-cover ratio is presently 0.0 days.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on AZI. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Autozi Internet Technology (Global) in a research report on Friday, July 17th. Wall Street Zen raised Autozi Internet Technology (Global) to a “sell” rating in a research note on Saturday, August 15th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company currently has an average rating of “Sell”.

Autozi Internet Technology (Global) Price Performance

AZI opened at $1.29 on Thursday. The company’s 50-day moving average is $1.45 and its 200 day moving average is $2.27. Autozi Internet Technology has a fifty-two week low of $1.00 and a fifty-two week high of $120.00.

About Autozi Internet Technology (Global)

Autozi Internet Technology (Global) Ltd., through its subsidiaries, provides professional one-stop automotive products and services through online and offline channels in the People’s Republic of China. It sells new cars, and auto parts and accessories, as well as offers automotive insurance related services. The company was founded in 2010 and is based in Beijing, China.