Able View Global Inc. (NASDAQ:ABLV) Short Interest Update

Able View Global Inc. (NASDAQ:ABLV) saw a significant growth in short interest during the month of April. As of April 15th, there was short interest totalling 91,300 shares, a growth of 181.8% from the March 31st total of 32,400 shares. Based on an average trading volume of 98,200 shares, the days-to-cover ratio is currently 0.9 days. Approximately 1.7% of the company’s shares are sold short.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Able View Global stock. Shaolin Capital Management LLC bought a new stake in shares of Able View Global Inc. (NASDAQ:ABLV) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 15,000 shares of the company’s stock, valued at approximately $51,000. 78.53% of the stock is currently owned by institutional investors.

Able View Global Price Performance

Shares of NASDAQ ABLV opened at $1.59 on Friday. The business’s 50 day moving average is $2.49 and its two-hundred day moving average is $2.58. Able View Global has a 1-year low of $1.55 and a 1-year high of $6.50.

About Able View Global

Able View Global Inc operates as brand management partners of beauty and personal care brands in China. Its brand management services encompass various segments of the brand management value chain, including strategy, branding, digital and social marketing, omni-channel sales, customer service, overseas logistics, warehouse, and fulfilment.