Categories: Technology

Nexalin Technology’s Short Interest Decreases by 16.9% in May

In May, Nexalin Technology, Inc. (NASDAQ:NXL – Get Free Report) experienced a significant decrease in short interest. On May 31st, there were 60,600 shares sold short, a 16.9% decrease from the total on May 15th. This accounts for approximately 1.0% of the company’s shares being sold short with an average daily trading volume of 544,300 shares.

As of June 1st, Nexalin Technology’s stock opened at $0.90 and has a one-year low of $0.25 and a one-year high of $3.40. The company has a market capitalization of $6.69 million, a PE ratio of -1.36, and a beta of 5.13. The fifty-day moving average is $1.31 while the 200-day moving average is $0.80.

On March 27th, Nexalin Technology (NASDAQ:NXL – Get Free Report) reported its earnings results revealing EPS of ($0.10) for the quarter with revenue of $

Samantha Johnson

As a content writer at newscrawled.com, I dive into the depths of information to craft captivating and informative articles. With a passion for storytelling and a knack for research, I bring forth engaging content that resonates with our readers. From breaking news to in-depth features, I strive to deliver content that informs, entertains, and inspires. Join me on this journey through the realms of words and ideas as we explore the world one article at a time.

Share
Published by
Samantha Johnson

Recent Posts

Voyager 1’s Computer Glitch Resolved: NASA’s Distant Spacecraft Back Sending Data after a Five-Month Hiatus

NASA’s Voyager 1, the most distant spacecraft from Earth, has resumed sending science data after…

1 min ago

Tech in Classrooms: Balancing Education with Responsibility in Bend-La Pine Schools

In recent years, the use of technology in schools has become a major concern for…

10 mins ago

TOI Sports Desk: A Leading Destination for Global Sports Coverage and Analysis

The TOI Sports Desk is renowned for its diverse set of skills and expertise in…

13 mins ago

Revolutionizing Recycling in Grand Rapids: Innovative New System Set to Educate and Increase Recycling Efforts

Grand Rapids, Michigan is taking a major step towards improving the recycling process with the…

15 mins ago

Opting Out of Data Collection: BBC’s Amplified Mobile Pages and Your Privacy

The technology used to create the lightweight mobile pages on BBC's Amplified Mobile Pages (AMP)…

37 mins ago

West End Health Foundation Supports Health and Wellness in Local Schools with Grants Program

The West End Health Foundation (WEHF) recently presented grants to schools in the Ishpeming, Negaunee,…

39 mins ago