Short Interest in Connexa Sports Technologies Inc. (NASDAQ:YYAI) Decreases By 23.9%

Connexa Sports Technologies Inc. (NASDAQ:YYAI) was the recipient of a large decrease in short interest during 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. Approximately 2.5% of the shares of the company are sold short. Based on an average trading volume of 92,700 shares, the short-interest ratio is presently 1.3 days.

Connexa Sports Technologies Trading Up 11.5 %

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

Connexa Sports Technologies (NASDAQ:YYAI) last posted its quarterly earnings data on Tuesday, September 10th. The company reported ($1.91) earnings per share for the quarter. The firm had revenue of $0.71 million during the quarter. Connexa Sports Technologies had a negative net margin of 565.12% and a negative return on equity of 1,557.21%.

About Connexa Sports Technologies

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.