Nextech3D.AI Co. (OTCMKTS:NEXCF) Sees Large Increase in Short Interest

Nextech3D.AI Co. (OTCMKTS:NEXCF) was the target of a large growth in short interest in July. As of July 15th, there was short interest totalling 32,900 shares, a growth of 26.1% from the June 30th total of 26,100 shares. Based on an average daily trading volume, of 305,800 shares, the short-interest ratio is presently 0.1 days.

Nextech3D.AI Stock Performance

Nextech3D.AI stock opened at $0.08 on Friday. Nextech3D.AI has a 1 year low of $0.05 and a 1 year high of $0.33. The firm’s 50 day moving average price is $0.08 and its 200-day moving average price is $0.11.

Nextech3D.AI (OTCMKTS:NEXCF) last posted its earnings results on Friday, May 24th. The company reported ($0.01) earnings per share for the quarter, beating the consensus estimate of ($0.03) by $0.02. The company had revenue of $0.76 million during the quarter, compared to analysts’ expectations of $0.96 million. Nextech3D.AI had a negative net margin of 457.45% and a negative return on equity of 624.32%. On average, equities analysts forecast that Nextech3D.AI will post -0.08 EPS for the current year.

Nextech3D.AI Company Profile

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.