Nextech3D.AI Co. (OTCMKTS:NEXCF) Sees Large Increase in Short Interest

Nextech3D.AI Co. (OTCMKTS:NEXCF) was the recipient of a significant growth in short interest in the month of July. As of July 15th, there was short interest totalling 32,900 shares, a growth of 26.1% from the June 30th total of 26,100 shares. Based on an average daily volume of 305,800 shares, the days-to-cover ratio is currently 0.1 days.

Nextech3D.AI Price Performance

NEXCF opened at $0.08 on Friday. Nextech3D.AI has a 12 month low of $0.05 and a 12 month high of $0.33. The company has a 50 day moving average of $0.08 and a 200 day moving average of $0.11.

Nextech3D.AI (OTCMKTS:NEXCF) last posted its quarterly earnings results on Friday, May 24th. The company reported ($0.01) EPS for the quarter, topping analysts’ consensus estimates of ($0.03) by $0.02. Nextech3D.AI had a negative return on equity of 624.32% and a negative net margin of 457.45%. The firm had revenue of $0.76 million during the quarter, compared to analyst estimates of $0.96 million. As a group, equities analysts forecast that Nextech3D.AI will post -0.08 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.