Short Interest in Haoxi Health Technology Limited (NASDAQ:HAO) Drops By 74.2%

Haoxi Health Technology Limited (NASDAQ:HAO) saw a large drop in short interest in July. As of July 31st, there was short interest totaling 140,665 shares, a drop of 74.2% from the July 15th total of 544,897 shares. Based on an average trading volume of 4,482,278 shares, the days-to-cover ratio is currently 0.0 days. Approximately 1.9% of the shares of the stock are short sold.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of Haoxi Health Technology in a report on Friday, July 17th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company has an average rating of “Sell”.

Haoxi Health Technology Stock Performance

NASDAQ:HAO traded up $0.57 on Friday, reaching $3.82. 877,076 shares of the stock traded hands, compared to its average volume of 128,511. Haoxi Health Technology has a 1-year low of $2.70 and a 1-year high of $5,708.80. The company’s 50 day moving average is $0.62 and its 200-day moving average is $75.31.

Haoxi Health Technology Company Profile

Haoxi Health Technology Limited, through its subsidiaries, provides online marketing solutions in China. It offers online marketing solutions, including online short video marketing solutions to advertisers through its media partners; and customized marketing solutions by planning, producing, placing, and optimizing online ads to help advertisers acquire, convert, and retain consumers on various online media platforms. The company places its ads through mainstream online short video and social media platforms, such as Toutiao, Douyin, WeChat, and Sina Weibo.