Connexa Sports Technologies Inc. (NASDAQ:YYAI) Short Interest Down 20.3% in December

Connexa Sports Technologies Inc. (NASDAQ:YYAI) was the recipient of a large decline in short interest during the month of December. As of December 15th, there was short interest totalling 238,100 shares, a decline of 20.3% from the November 30th total of 298,700 shares. Currently, 5.0% of the company’s shares are sold short. Based on an average trading volume of 307,700 shares, the days-to-cover ratio is presently 0.8 days.

Connexa Sports Technologies Stock Performance

YYAI opened at $1.19 on Friday. The stock has a market capitalization of $17.33 million, a PE ratio of 0.00 and a beta of -1.84. The business’s 50 day moving average price is $3.05 and its 200 day moving average price is $7.51. Connexa Sports Technologies has a one year low of $0.88 and a one year high of $53.00.

Connexa Sports Technologies (NASDAQ:YYAI) last announced its quarterly earnings data on Friday, December 13th. The company reported ($0.24) earnings per share (EPS) for the quarter. Connexa Sports Technologies had a negative net margin of 565.12% and a negative return on equity of 1,557.21%.

Connexa Sports Technologies Company Profile

Connexa Sports Technologies Inc engages in the sports equipment and technology business in the United States. The company offers Slinger Launcher, a portable padel tennis ball launcher and pickleball launcher; and Slinger Bag Launcher, a ball launcher built into transport wheeled trolley bag. It also provides Gameface, AI technology and performance analytics for sports.