Jiuzi Holdings, Inc. (NASDAQ:JZXN) Short Interest Update

Jiuzi Holdings, Inc. (NASDAQ:JZXN) saw a significant decrease in short interest in February. As of February 15th, there was short interest totalling 21,800 shares, a decrease of 37.0% from the January 31st total of 34,600 shares. Currently, 0.2% of the company’s shares are short sold. Based on an average trading volume of 333,300 shares, the days-to-cover ratio is currently 0.1 days.

Hedge Funds Weigh In On Jiuzi

A hedge fund recently bought a new stake in Jiuzi stock. Citadel Advisors LLC bought a new position in Jiuzi Holdings, Inc. (NASDAQ:JZXN) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 43,283 shares of the company’s stock, valued at approximately $58,000. Citadel Advisors LLC owned approximately 21.75% of Jiuzi at the end of the most recent quarter. 0.62% of the stock is owned by institutional investors and hedge funds.

Jiuzi Stock Performance

NASDAQ:JZXN traded up $0.40 during trading hours on Tuesday, hitting $3.44. The company had a trading volume of 25,554 shares, compared to its average volume of 143,598. The stock has a 50-day moving average price of $2.45 and a 200 day moving average price of $1.83. Jiuzi has a 52 week low of $1.00 and a 52 week high of $67.60.

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.