NXT Energy Solutions Inc. (OTCMKTS:NSFDF) Short Interest Down 82.1% in January

NXT Energy Solutions Inc. (OTCMKTS:NSFDF) was the recipient of a large decline in short interest in January. As of January 15th, there was short interest totalling 2,900 shares, a decline of 82.1% from the December 31st total of 16,200 shares. Based on an average trading volume of 47,500 shares, the days-to-cover ratio is currently 0.1 days.

NXT Energy Solutions Stock Down 18.0 %

NSFDF traded down $0.04 during trading on Tuesday, hitting $0.16. The stock had a trading volume of 7,900 shares, compared to its average volume of 132,629. The stock has a 50 day simple moving average of $0.13 and a two-hundred day simple moving average of $0.15. The company has a market capitalization of $12.87 million, a PE ratio of -2.73 and a beta of 1.50. The company has a debt-to-equity ratio of 3.30, a quick ratio of 0.28 and a current ratio of 0.28. NXT Energy Solutions has a twelve month low of $0.04 and a twelve month high of $0.40.

NXT Energy Solutions (OTCMKTS:NSFDF) last announced its earnings results on Thursday, November 7th. The energy company reported ($0.01) earnings per share (EPS) for the quarter.

About NXT Energy Solutions

NXT Energy Solutions Inc, a technology company, provides services to the oil and gas industry through its proprietary stress field detection (SFD) technology worldwide. Its SFD technology, a remote sensing airborne survey system utilizes quantum-scale sensors to detect gravity field perturbations in an airborne survey method which can be used onshore and offshore to remotely identify traps and reservoirs with hydrocarbon and geothermal exploration potential.