HUHUTECH International Group Inc. (NASDAQ:HUHU) Stock Short Interest Report for October

HUHUTECH International Group Inc. (NASDAQ:HUHU) saw a significant increase in short interest in the month of October. As of October 30th, there was short interest totaling 136,544 shares, an increase of 334.9% from the October 15th total of 31,398 shares. Based on an average trading volume of 656,684 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.5% of the shares of the stock are short sold.

HUHUTECH International Group Trading Down 10.6%

Shares of HUHU traded down $0.03 on Friday, reaching $0.27. The stock had a trading volume of 1,585,360 shares, compared to its average volume of 847,265. HUHUTECH International Group has a twelve month low of $0.24 and a twelve month high of $12.20. The firm has a 50-day moving average of $2.96 and a 200 day moving average of $6.40. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.26 and a current ratio of 1.31.

HUHUTECH International Group (NASDAQ:HUHU) last issued its quarterly earnings data on Wednesday, September 23rd. The company reported ($0.34) earnings per share (EPS) for the quarter. The company had revenue of $5.33 million during the quarter.

Analysts Set New Price Targets

HUHU has been the topic of a number of recent analyst reports. Weiss Ratings raised shares of HUHUTECH International Group from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Wednesday, November 4th. Wall Street Zen downgraded shares of HUHUTECH International Group from a “hold” rating to a “sell” rating in a report on Sunday, October 25th. One analyst has rated the stock with a Sell rating. According to data from MarketBeat, HUHUTECH International Group has an average rating of “Sell”.

About HUHUTECH International Group

HUHUTECH International Group Inc. provides facility management and industrial automation solutions for high-tech manufacturing. Its systems help customers monitor and manage the utility and environmental infrastructure used in production facilities. The company’s offerings include facility monitoring systems and gas detection systems, along with related engineering, installation, maintenance and technical services. These solutions are designed to support reliable operations and help customers oversee facility conditions and utility systems.