NXT Energy Solutions Inc. (OTCMKTS:NSFDF) Short Interest Update

NXT Energy Solutions Inc. (OTCMKTS:NSFDF) was the recipient of a significant drop in short interest in December. As of December 31st, there was short interest totalling 2,900 shares, a drop of 82.1% from the December 15th total of 16,200 shares. Based on an average daily volume of 47,500 shares, the days-to-cover ratio is currently 0.1 days.

NXT Energy Solutions Price Performance

Shares of NXT Energy Solutions stock traded up $0.01 on Monday, hitting $0.11. 221,500 shares of the company traded hands, compared to its average volume of 69,480. The company has a debt-to-equity ratio of 3.30, a quick ratio of 0.28 and a current ratio of 0.28. The business has a 50-day simple moving average of $0.13 and a 200 day simple moving average of $0.15. NXT Energy Solutions has a 52 week low of $0.04 and a 52 week high of $0.34. The stock has a market capitalization of $8.56 million, a P/E ratio of -1.82 and a beta of 1.50.

NXT Energy Solutions Company Profile

NXT Energy Solutions Inc, a technology company, provides services to the oil and gas industry through its proprietary stress field detection (SFD) technology worldwide. Its SFD technology, a remote sensing airborne survey system utilizes quantum-scale sensors to detect gravity field perturbations in an airborne survey method which can be used onshore and offshore to remotely identify traps and reservoirs with hydrocarbon and geothermal exploration potential.