Nextech3D.AI Co. (OTCMKTS:NEXCF) Short Interest Up 31.6% in September

Nextech3D.AI Co. (OTCMKTS:NEXCF) saw a significant growth in short interest in the month of September. As of September 15th, there was short interest totalling 30,400 shares, a growth of 31.6% from the August 31st total of 23,100 shares. Based on an average trading volume of 265,800 shares, the days-to-cover ratio is presently 0.1 days.

Nextech3D.AI Price Performance

NEXCF stock traded up $0.01 during midday trading on Friday, reaching $0.06. The company had a trading volume of 131,476 shares, compared to its average volume of 200,351. The firm has a 50-day moving average price of $0.07 and a 200-day moving average price of $0.09. Nextech3D.AI has a 1 year low of $0.05 and a 1 year high of $0.23.

Nextech3D.AI (OTCMKTS:NEXCF) last announced its earnings results on Thursday, August 29th. The company reported ($0.01) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.02) by $0.01. Nextech3D.AI had a negative net margin of 388.76% and a negative return on equity of 7,225.80%. The company had revenue of $0.81 million during the quarter, compared to analyst estimates of $0.87 million. On average, analysts predict that Nextech3D.AI will post -0.06 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Separately, HC Wainwright decreased their price target on shares of Nextech3D.AI from $0.50 to $0.25 and set a “buy” rating on the stock in a report on Wednesday, September 18th.

About Nextech3D.AI

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.