Nexalin Tech’s Short Interest Drops 16.9% Amid Volatility

Nexalin Technology, Inc. (NASDAQ:NXL) Sees 16.9% Drop in Short Interest

Nexalin Technology, Inc. (NASDAQ:NXL) experienced a significant decrease in short interest during the month of May. As of May 31st, the short interest totaled 60,600 shares, marking a 16.9% decline from the May 15th figure of 72,900 shares. Notably, approximately 1.0% of the company's shares are sold short. Given an average daily trading volume of 544,300 shares, the short-interest ratio currently stands at 0.1 days.