NXT Energy Solutions Inc. (OTCMKTS:NSFDF) Sees Large Increase in Short Interest

NXT Energy Solutions Inc. (OTCMKTS:NSFDF) saw a large growth in short interest in November. As of November 30th, there was short interest totalling 51,700 shares, a growth of 5,070.0% from the November 15th total of 1,000 shares. Based on an average daily volume of 29,600 shares, the days-to-cover ratio is presently 1.7 days.

NXT Energy Solutions Stock Performance

Shares of NSFDF stock traded down $0.01 during mid-day trading on Friday, reaching $0.13. The company’s stock had a trading volume of 7,100 shares, compared to its average volume of 8,157. The firm’s 50-day moving average is $0.14 and its two-hundred day moving average is $0.15. NXT Energy Solutions has a 1-year low of $0.04 and a 1-year high of $0.34. The company has a current ratio of 0.28, a quick ratio of 0.28 and a debt-to-equity ratio of 3.30.

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.