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

Nextech3D.AI Co. (OTCMKTS:NEXCF) was the recipient of a significant increase in short interest in January. As of January 15th, there was short interest totalling 96,600 shares, an increase of 241.3% from the December 31st total of 28,300 shares. Based on an average daily trading volume, of 771,200 shares, the days-to-cover ratio is currently 0.1 days.

Analysts Set New Price Targets

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

Nextech3D.AI Stock Down 10.1 %

Shares of Nextech3D.AI stock traded down $0.00 on Wednesday, hitting $0.04. The stock had a trading volume of 700,713 shares, compared to its average volume of 499,600. Nextech3D.AI has a one year low of $0.02 and a one year high of $0.23. The stock’s 50-day simple moving average is $0.04 and its two-hundred day simple moving average is $0.06.

Nextech3D.AI (OTCMKTS:NEXCF) last released its quarterly earnings results on Friday, November 29th. The company reported ($0.01) earnings per share for the quarter, meeting the consensus estimate of ($0.01). Nextech3D.AI had a negative net margin of 336.36% and a negative return on equity of 7,225.80%. Equities research analysts forecast that Nextech3D.AI will post -0.05 EPS for the current year.

About Nextech3D.AI

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.