NexTech AR Solutions Corp. (OTCMKTS:ENGMF) was the target of a significant drop in short interest in September. As of September 15th, there was short interest totalling 229,400 shares, a drop of 29.2% from the August 31st total of 324,100 shares. Based on an average daily trading volume, of 100,300 shares, the days-to-cover ratio is presently 2.3 days.
Separately, Stephens assumed coverage on NexTech AR Solutions in a research note on Tuesday, June 30th. They issued an “overweight” rating on the stock.
Shares of ENGMF stock traded up $0.03 during mid-day trading on Thursday, reaching $1.20. 18,061 shares of the stock traded hands, compared to its average volume of 23,410. The business has a fifty day moving average price of $1.28. NexTech AR Solutions has a 1-year low of $0.80 and a 1-year high of $2.00.
Enthusiast Gaming Holdings Inc engages in building a network of communities for gaming and esports fans in the United States, Canada, and internationally. It operates digital media platform that includes gaming related websites and YouTube channels; and owns and operates Enthusiast Gaming Live Expo, a gaming expo, as well as hosts various gaming events.
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