Nextech3D.AI Co. (OTCMKTS:NEXCF) Short Interest Down 82.3% in November

Nextech3D.AI Co. (OTCMKTS:NEXCF) saw a large decrease in short interest during the month of November. As of November 15th, there was short interest totalling 13,100 shares, a decrease of 82.3% from the October 31st total of 74,000 shares. Based on an average daily trading volume, of 729,200 shares, the short-interest ratio is currently 0.0 days.

Analysts Set New Price Targets

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

Nextech3D.AI Stock Performance

Shares of Nextech3D.AI stock remained flat at $0.04 on Wednesday. The stock had a trading volume of 363,722 shares, compared to its average volume of 217,827. Nextech3D.AI has a 12 month low of $0.03 and a 12 month high of $0.23. The business’s 50-day simple moving average is $0.05 and its 200-day simple moving average is $0.07.

Nextech3D.AI (OTCMKTS:NEXCF) last posted its quarterly earnings data on Thursday, August 29th. The company reported ($0.01) EPS for the quarter, beating analysts’ consensus estimates of ($0.02) by $0.01. The firm had revenue of $0.81 million for the quarter, compared to the consensus estimate of $0.87 million. Nextech3D.AI had a negative net margin of 388.76% and a negative return on equity of 7,225.80%. As a group, equities analysts predict that Nextech3D.AI will post -0.05 earnings per share for the current fiscal year.

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.