Hang Feng Technology Innovation Co., Ltd. (NASDAQ:FOFO) Short Interest Down 82.3% in June

Hang Feng Technology Innovation Co., Ltd. (NASDAQ:FOFO) saw a significant decline in short interest in the month of June. As of June 30th, there was short interest totaling 5,301 shares, a decline of 82.3% from the June 15th total of 29,983 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average daily volume of 259,284 shares, the short-interest ratio is presently 0.0 days.

Hang Feng Technology Innovation Stock Up 1.9%

Shares of FOFO traded up $0.06 on Monday, hitting $3.16. The company’s stock had a trading volume of 23,452 shares, compared to its average volume of 154,039. The business has a 50 day moving average price of $2.92. The company has a debt-to-equity ratio of 0.01, a current ratio of 32.94 and a quick ratio of 32.94. Hang Feng Technology Innovation has a fifty-two week low of $1.75 and a fifty-two week high of $68.00.

Hang Feng Technology Innovation (NASDAQ:FOFO) last announced its quarterly earnings data on Thursday, April 16th. The company reported ($0.86) EPS for the quarter. The company had revenue of $0.50 million during the quarter.

Analyst Ratings Changes

A number of equities research analysts have issued reports on FOFO shares. Weiss Ratings upgraded shares of Hang Feng Technology Innovation from a “sell (e)” rating to a “sell (d-)” rating in a research report on Thursday, June 11th. Wall Street Zen raised shares of Hang Feng Technology Innovation to a “hold” rating in a research note on Saturday, June 27th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock has an average rating of “Sell”.

Hang Feng Technology Innovation Company Profile

Hang Feng Technology Innovation Co, Ltd. is a company providing comprehensive corporate management consulting and asset management services. Hang Feng Technology Innovation Co, Ltd. is based in Hong Kong.