Haoxi Health Technology Limited (NASDAQ:HAO) Sees Large Decline in Short Interest

Haoxi Health Technology Limited (NASDAQ:HAOGet Free Report) saw a large decline in short interest in the month of July. As of July 31st, there was short interest totaling 140,665 shares, a decline 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 presently 0.0 days. Approximately 1.9% of the shares of the company are short sold.

Haoxi Health Technology Trading Up 0.6%

NASDAQ:HAO traded up $0.00 during trading hours on Thursday, reaching $0.16. The company had a trading volume of 1,848,997 shares, compared to its average volume of 2,482,592. Haoxi Health Technology has a 1-year low of $0.14 and a 1-year high of $285.44. The business’s 50 day moving average price is $0.65 and its 200-day moving average price is $76.67.

Haoxi Health Technology’s stock is scheduled to reverse split before the market opens on Friday, August 14th. The 1-20 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the closing bell on Thursday, August 13th.

Analysts Set New Price Targets

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

Get Our Latest Analysis on Haoxi Health Technology

Haoxi Health Technology Company Profile

(Get Free Report)

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.

Further Reading

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