Jiuzi Holdings, Inc. (NASDAQ:JZXN) Short Interest Down 37.0% in February

Jiuzi Holdings, Inc. (NASDAQ:JZXN) saw a large drop in short interest during the month of February. As of February 15th, there was short interest totalling 21,800 shares, a drop of 37.0% from the January 31st total of 34,600 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average daily volume of 333,300 shares, the short-interest ratio is presently 0.1 days.

Jiuzi Stock Performance

Shares of JZXN stock opened at $3.56 on Friday. The company has a 50 day moving average of $2.42 and a 200-day moving average of $1.84. Jiuzi has a 12-month low of $1.00 and a 12-month high of $67.60.

Institutional Investors Weigh In On Jiuzi

A hedge fund recently bought a new stake in Jiuzi stock. XTX Topco Ltd purchased a new position in shares of Jiuzi Holdings, Inc. (NASDAQ:JZXN) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 31,904 shares of the company’s stock, valued at approximately $44,000. XTX Topco Ltd owned about 15.95% of Jiuzi as of its most recent SEC filing. Institutional investors own 0.62% of the company’s stock.

About Jiuzi

Jiuzi Holdings, Inc, through its subsidiary, Zhejiang Jiuzi New Energy Vehicles Co, Ltd., franchises and operates retail stores under the Jiuzi brand that sell new energy vehicles, plug-in electric vehicles, and related components and parts in the People’s Republic of China. It provides corporate investment consulting services.