Connexa Sports Technologies Inc. (NASDAQ:YYAI) Short Interest Down 23.9% in September

Connexa Sports Technologies Inc. (NASDAQ:YYAI) was the target of a large decrease in short interest in the month of September. As of September 15th, there was short interest totalling 116,500 shares, a decrease of 23.9% from the August 31st total of 153,000 shares. Based on an average daily volume of 92,700 shares, the days-to-cover ratio is currently 1.3 days. Currently, 2.5% of the shares of the stock are sold short.

Connexa Sports Technologies Stock Up 11.5 %

Shares of YYAI opened at $7.75 on Friday. Connexa Sports Technologies has a 52-week low of $2.89 and a 52-week high of $112.80. The company has a 50-day moving average of $9.26.

Connexa Sports Technologies (NASDAQ:YYAI) last issued its earnings results on Tuesday, September 10th. The company reported ($1.91) 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%. The company 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.