Fujian Blue Hat Interactive Entertainment Technology Ltd. (NASDAQ:BHAT) Sees Significant Drop in Short Interest

Fujian Blue Hat Interactive Entertainment Technology Ltd. (NASDAQ:BHAT) was the target of a significant decline in short interest during the month of November. As of November 15th, there was short interest totalling 58,400 shares, a decline of 83.0% from the October 31st total of 344,300 shares. Based on an average daily trading volume, of 360,900 shares, the days-to-cover ratio is presently 0.2 days.

Fujian Blue Hat Interactive Entertainment Technology Stock Performance

NASDAQ:BHAT remained flat at $0.15 on Thursday. The company’s stock had a trading volume of 2,608,543 shares, compared to its average volume of 215,206. The business has a 50 day moving average of $0.27 and a 200-day moving average of $0.66. Fujian Blue Hat Interactive Entertainment Technology has a 12-month low of $0.12 and a 12-month high of $1.45.

About Fujian Blue Hat Interactive Entertainment Technology

Fujian Blue Hat Interactive Entertainment Technology Ltd. designs, produces, promotes, and sells animated toys with mobile games features, intellectual property, and peripheral derivatives features worldwide. It offers AR Racer, a car-racing mobile game; AR Crazy Bug, a combat game played using a ladybug-shaped electronic toy; AR 3D Magic Box, which uses AR recognition technology to allow children to draw shapes or objects onto a physical card while the mobile game captures the drawings and animates them onto a set background; AR Dinosaur, an educational toy; and AR Shake Bouncing Bubble, which helps children to improve concentration and reaction, as well as Talking Tom and Friends' Bouncing Bubble.