The9 Limited (NASDAQ:NCTY - Get Free Report) saw a large increase in short interest in September. As of September 30th, there was short interest totalling 6,600 shares, an increase of 214.3% from the September 15th total of 2,100 shares. Approximately 0.1% of the company's stock are sold short. Based on an average daily trading volume, of 22,800 shares, the short-interest ratio is currently 0.3 days.
The9 Trading Up 4.2 %
Shares of The9 stock traded up $0.35 on Thursday, reaching $8.51. The company's stock had a trading volume of 101,008 shares, compared to its average volume of 40,972. The firm's fifty day simple moving average is $6.87 and its two-hundred day simple moving average is $7.29. The9 has a 52 week low of $3.55 and a 52 week high of $10.00. The company has a quick ratio of 1.37, a current ratio of 1.37 and a debt-to-equity ratio of 0.09.
About The9
(
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The9 Limited, together with its subsidiaries, operates as Internet company in the People's Republic of China and internationally. It also involves in the operation of cryptocurrency mining and Non-Fungible Token platform NFTSTAR, a NFT trading and community platform that provides users with purchase, trade, and interactive activities.
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