Jiuzi Holdings, Inc. (NASDAQ:JZXN) Sees Significant Growth in Short Interest

Jiuzi Holdings, Inc. (NASDAQ:JZXN - Get Free Report) was the target of a significant increase in short interest during the month of March. As of March 31st, there was short interest totalling 17,800 shares, an increase of 42.4% from the March 15th total of 12,500 shares. Based on an average daily trading volume, of 117,800 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.2% of the company's stock are sold short.

Institutional Trading of Jiuzi

An institutional investor recently bought a new position in Jiuzi stock. Citadel Advisors LLC purchased a new stake in shares of Jiuzi Holdings, Inc. (NASDAQ:JZXN - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 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 & Exchange Commission. Hedge funds and other institutional investors own 0.62% of the company's stock.

Jiuzi Stock Performance

Shares of JZXN stock traded up $0.17 during mid-day trading on Wednesday, hitting $7.30. 67,746 shares of the stock traded hands, compared to its average volume of 145,589. The stock's fifty day moving average is $4.67 and its two-hundred day moving average is $2.68. Jiuzi has a 52-week low of $1.00 and a 52-week high of $7.39.

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.