Able View Global Inc. (NASDAQ:ABLV) Sees Large Increase in Short Interest

Able View Global Inc. (NASDAQ:ABLV) saw a large growth in short interest in March. As of March 15th, there was short interest totalling 101,300 shares, a growth of 166.6% from the February 28th total of 38,000 shares. Approximately 1.5% of the company’s stock are short sold. Based on an average trading volume of 138,200 shares, the days-to-cover ratio is currently 0.7 days.

Able View Global Stock Up 8.5 %

NASDAQ ABLV opened at $0.98 on Friday. The firm’s 50 day moving average is $1.01 and its 200-day moving average is $0.93. The company has a current ratio of 2.11, a quick ratio of 1.41 and a debt-to-equity ratio of 0.49. Able View Global has a 12-month low of $0.55 and a 12-month high of $2.56.

Able View Global Company Profile

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 services, overseas logistics, and warehouse and fulfilment.