Short Interest in SOS Limited (NYSE:SOS) Drops By 13.7%

SOS Limited (NYSE:SOS) saw a significant decrease in short interest during the month of January. As of January 15th, there was short interest totalling 235,900 shares, a decrease of 13.7% from the December 31st total of 273,300 shares. Based on an average daily trading volume, of 171,100 shares, the short-interest ratio is currently 1.4 days.

SOS Trading Down 1.0 %

SOS traded down $0.07 during trading hours on Friday, hitting $6.86. The company’s stock had a trading volume of 22,037 shares, compared to its average volume of 25,917. The business’s 50-day moving average price is $7.80 and its 200-day moving average price is $11.08. SOS has a 12 month low of $5.95 and a 12 month high of $62.85.

Institutional Trading of SOS

A hedge fund recently bought a new stake in SOS stock. State Street Corp bought a new position in SOS Limited (NYSE:SOS) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 61,556 shares of the company’s stock, valued at approximately $49,000. State Street Corp owned about 0.45% of SOS at the end of the most recent quarter. 1.92% of the stock is currently owned by institutional investors and hedge funds.

About SOS

SOS Limited provides data mining and analysis services to corporate and individual members in the People's Republic of China. It provides marketing data, technology, and solutions for insurance companies; emergency rescue services; and insurance product and health care information portals. The company operates SOS cloud emergency rescue service software as a service platform that offers basic cloud products, such as medical rescue, auto rescue, financial rescue, and life rescue cards; cooperative cloud systems, including information rescue center, intelligent big data, and intelligent software and hardware; and information cloud systems, such as newsToday and E-commerce Today, 10086 hot-line center, information security services, and marketing-related data.