Connexa Sports Technologies Inc. (NASDAQ:YYAI) Short Interest Update

Connexa Sports Technologies Inc. (NASDAQ:YYAI) saw a large growth in short interest in the month of January. As of January 31st, there was short interest totalling 610,100 shares, a growth of 105.5% from the January 15th total of 296,900 shares. Based on an average trading volume of 738,600 shares, the days-to-cover ratio is currently 0.8 days. Approximately 12.9% of the shares of the company are sold short.

Connexa Sports Technologies Trading Up 4.0 %

YYAI opened at $0.40 on Thursday. The stock’s 50 day simple moving average is $0.95 and its 200-day simple moving average is $4.84. The stock has a market cap of $5.86 million, a PE ratio of 0.00 and a beta of -1.85. Connexa Sports Technologies has a 1 year low of $0.35 and a 1 year high of $53.00.

Connexa Sports Technologies (NASDAQ:YYAI) last announced its quarterly earnings data on Friday, December 13th. The company reported ($0.24) earnings per share (EPS) for the quarter. Connexa Sports Technologies had a negative net margin of 546.78% and a negative return on equity of 284.53%.

About Connexa Sports Technologies

Connexa Sports Technologies Inc engages in the sports equipment and technology business in the United States. The company offers Slinger Launcher, a portable padel tennis ball launcher and pickleball launcher; and Slinger Bag Launcher, a ball launcher built into transport wheeled trolley bag. It also provides Gameface, AI technology and performance analytics for sports.