Short Interest in Fujian Blue Hat Interactive Entertainment Technology Ltd. (NASDAQ:BHAT) Drops By 17.0%

Fujian Blue Hat Interactive Entertainment Technology Ltd. (NASDAQ:BHAT) saw a significant drop in short interest in December. As of December 31st, there was short interest totalling 25,900 shares, a drop of 17.0% from the December 15th total of 31,200 shares. Based on an average daily trading volume, of 94,000 shares, the short-interest ratio is presently 0.3 days. Approximately 0.2% of the shares of the stock are short sold.

Shares of Fujian Blue Hat Interactive Entertainment Technology stock opened at $2.05 on Tuesday. Fujian Blue Hat Interactive Entertainment Technology has a 12-month low of $2.00 and a 12-month high of $6.25. The firm has a 50-day moving average of $2.35.

An institutional investor recently bought a new position in Fujian Blue Hat Interactive Entertainment Technology stock. Squarepoint Ops LLC bought a new stake in Fujian Blue Hat Interactive Entertainment Technology Ltd. (NASDAQ:BHAT) in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 19,305 shares of the company’s stock, valued at approximately $64,000. Squarepoint Ops LLC owned approximately 0.06% of Fujian Blue Hat Interactive Entertainment Technology at the end of the most recent quarter. 0.35% of the stock is currently owned by institutional investors.

Fujian Blue Hat Interactive Entertainment Technology Company Profile

Fujian Blue Hat Interactive Entertainment Technology Ltd. produces, develops, and operates augmented reality (AR) interactive entertainment games and toys in China. Its products include AR Racer; a car-racing mobile game with a small physical toy car that allows users to virtually race one another through a simulated racing track, as well as to engage in individual races, AR Need a Spanking; a combat game with a ladybug shaped electronic toy, AR 3D Magic Box; an educational toy with built in quizzes and games for users between the ages of 3 and 9, and AR Picture Book, an AR platform that educates children on interpersonal skills, logical thinking, and other specific topics.

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