Connexa Sports Technologies Inc. (NASDAQ:YYAI) Short Interest Update

Connexa Sports Technologies Inc. (NASDAQ:YYAI) saw a significant growth in short interest in October. As of October 15th, there was short interest totalling 225,100 shares, a growth of 68.1% from the September 30th total of 133,900 shares. Based on an average trading volume of 109,000 shares, the days-to-cover ratio is presently 2.1 days. Approximately 4.8% of the company’s shares are short sold.

Connexa Sports Technologies Stock Up 10.5 %

Shares of Connexa Sports Technologies stock opened at $5.36 on Friday. Connexa Sports Technologies has a 1 year low of $2.89 and a 1 year high of $53.00. The stock has a 50-day simple moving average of $6.64. The company has a market capitalization of $34.52 million, a P/E ratio of -0.01 and a beta of -1.78.

Connexa Sports Technologies (NASDAQ:YYAI) last announced its quarterly earnings results on Tuesday, September 10th. The company reported ($1.91) earnings per share (EPS) for the quarter. Connexa Sports Technologies had a negative return on equity of 1,557.21% and a negative net margin of 565.12%. The business had revenue of $0.71 million during the quarter.

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.