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

Connexa Sports Technologies Inc. (NASDAQ:CNXA) was the target of a significant decrease in short interest in the month of March. As of March 15th, there was short interest totalling 35,300 shares, a decrease of 84.6% from the February 29th total of 229,400 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average trading volume of 9,450,000 shares, the short-interest ratio is presently 0.0 days.

Connexa Sports Technologies Stock Performance

Shares of NASDAQ:CNXA remained flat at $0.23 during midday trading on Thursday. The stock had a trading volume of 656,873 shares, compared to its average volume of 9,232,888. The company has a 50-day simple moving average of $0.26 and a two-hundred day simple moving average of $2.00. Connexa Sports Technologies has a 52-week low of $0.14 and a 52-week high of $14.00. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.20 and a quick ratio of 1.12.

Connexa Sports Technologies (NASDAQ:CNXA) last issued its quarterly earnings results on Tuesday, March 5th. The company reported ($14.29) earnings per share (EPS) for the quarter. The firm had revenue of $2.07 million during the quarter.

Connexa Sports Technologies Company Profile

Connexa Sports Technologies Inc operates as a sports company. It offers Slinger Launcher, a portable padel tennis ball launcher and pickleball launcher. The company also offers Gameface AI, a performance analytics application for sports. It delivers products, technologies, and services across the watch, play, and learn activities in sports.