Jiuzi Holdings, Inc. (NASDAQ:JZXN) Short Interest Down 37.0% in February

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

Jiuzi Trading Up 13.3 %

NASDAQ:JZXN traded up $0.40 on Tuesday, hitting $3.44. The stock had a trading volume of 25,554 shares, compared to its average volume of 143,598. Jiuzi has a 1 year low of $1.00 and a 1 year high of $67.60. The firm’s fifty day simple moving average is $2.45 and its two-hundred day simple moving average is $1.83.

Institutional Investors Weigh In On Jiuzi

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

Jiuzi Company Profile

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.