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

Connexa Sports Technologies Inc. (NASDAQ:YYAI) was the target of a large drop in short interest during the month of December. As of December 15th, there was short interest totalling 238,100 shares, a drop of 20.3% from the November 30th total of 298,700 shares. Based on an average daily trading volume, of 307,700 shares, the days-to-cover ratio is presently 0.8 days. Approximately 5.0% of the shares of the company are sold short.

Connexa Sports Technologies Price Performance

Shares of YYAI opened at $1.19 on Monday. Connexa Sports Technologies has a one year low of $0.88 and a one year high of $53.00. The company’s fifty day moving average price is $3.05 and its 200 day moving average price is $7.46. The company has a market capitalization of $17.33 million, a PE ratio of 0.00 and a beta of -1.84.

Connexa Sports Technologies (NASDAQ:YYAI) last announced its earnings results on Friday, December 13th. The company reported ($0.24) 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%.

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.