Huadi International Group Co., Ltd. (NASDAQ:HUDI) Short Interest Update

Huadi International Group Co., Ltd. (NASDAQ:HUDI) was the recipient of a significant decline in short interest in May. As of May 29th, there was short interest totaling 3,362 shares, a decline of 94.9% from the May 14th total of 65,764 shares. Based on an average trading volume of 37,188 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are short sold.

Huadi International Group Stock Performance

NASDAQ HUDI traded down $0.03 on Tuesday, hitting $0.84. 369,805 shares of the company were exchanged, compared to its average volume of 468,868. The company’s 50 day moving average price is $1.14 and its 200-day moving average price is $1.21. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.89 and a quick ratio of 1.90. Huadi International Group has a twelve month low of $0.75 and a twelve month high of $5.46.

Huadi International Group (NASDAQ:HUDI) last posted its quarterly earnings data on Friday, January 30th. The company reported ($0.04) earnings per share (EPS) for the quarter. The business had revenue of $16.71 million during the quarter.

Institutional Trading of Huadi International Group

An institutional investor recently bought a new position in Huadi International Group stock. Virtu Financial LLC acquired a new position in shares of Huadi International Group Co., Ltd. (NASDAQ:HUDI) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 20,417 shares of the company’s stock, valued at approximately $28,000. Virtu Financial LLC owned 0.14% of Huadi International Group at the end of the most recent quarter. Institutional investors and hedge funds own 0.15% of the company’s stock.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (d)” rating on shares of Huadi International Group in a report on Friday, March 27th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company presently has an average rating of “Sell”.

Huadi International Group Company Profile

Huadi International Group Co, Ltd. manufactures and sells industrial stainless steel seamless pipes and tubes in the People's Republic of China. The company's products are used in the oil and gas transmission, chemistry engineering, food processing, medical devices, aeronautics and astronautics, boiler, irrigation works construction, electricity, automobile, naval architecture, paper mill, and mechanical industries. It also exports its products to 20 countries, including the United States, Mexico, Thailand, Australia, Argentina, India, the Philippines, the United Arab Emirates, Taiwan, Canada, and internationally.