Nextech3D.AI Co. (OTCMKTS:NEXCF) Short Interest Update

Nextech3D.AI Co. (OTCMKTS:NEXCF) saw a large growth in short interest in the month of March. As of March 15th, there was short interest totalling 148,100 shares, a growth of 287.7% from the February 28th total of 38,200 shares. Based on an average trading volume of 953,900 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.1% of the shares of the company are sold short.

Nextech3D.AI Price Performance

Shares of OTCMKTS:NEXCF traded down $0.00 during trading on Thursday, reaching $0.03. The stock had a trading volume of 467,512 shares, compared to its average volume of 418,025. The stock has a market capitalization of $3.60 million, a PE ratio of -0.63 and a beta of 1.19. Nextech3D.AI has a 52 week low of $0.02 and a 52 week high of $0.16. The business’s 50-day moving average price is $0.04 and its 200 day moving average price is $0.04.

Nextech3D.AI (OTCMKTS:NEXCF) last announced its earnings results on Friday, February 28th. The company reported ($0.01) earnings per share for the quarter, hitting analysts’ consensus estimates of ($0.01). The company had revenue of $0.21 million during the quarter, compared to the consensus estimate of $1.02 million. Nextech3D.AI had a negative net margin of 336.36% and a negative return on equity of 7,225.80%. Analysts forecast that Nextech3D.AI will post -0.05 EPS for the current year.

Wall Street Analyst Weigh In

Separately, HC Wainwright reissued a “buy” rating and set a $0.25 price objective on shares of Nextech3D.AI in a report on Wednesday, December 4th.

Nextech3D.AI Company Profile

Nextech3D.AI Corporation provides augmented reality technologies, wayfinding technologies, and 3D model services. It focuses on creating 3D WebAR photorealistic models for the prime ecommerce marketplace, as well as other online retailers. The company was formerly known as NexTech AR Solutions Corp. and changed its name to Nextech3D.AI Corporation in September 2023.