Haoxi Health Technology Limited (NASDAQ:HAO – Get Free Report) was the target of a large drop in short interest during the month of August. As of August 14th, there was short interest totaling 11,372 shares, a drop of 91.9% from the July 30th total of 140,665 shares. Based on an average trading volume of 346,487 shares, the days-to-cover ratio is presently 0.0 days. Approximately 3.1% of the company’s shares are sold short.
Haoxi Health Technology Stock Up 4.3%
Shares of Haoxi Health Technology stock traded up $0.15 during trading hours on Wednesday, hitting $3.64. The company’s stock had a trading volume of 42,061 shares, compared to its average volume of 154,539. Haoxi Health Technology has a 12 month low of $2.70 and a 12 month high of $5,708.80. The stock has a 50 day moving average of $9.87 and a 200 day moving average of $1,303.87.
Analysts Set New Price Targets
HAO has been the subject of several recent analyst reports. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Haoxi Health Technology in a research note on Friday, July 17th. Wall Street Zen lowered shares of Haoxi Health Technology from a “hold” rating to a “sell” rating in a report on Sunday. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock presently has a consensus rating of “Sell”.
About Haoxi Health Technology
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.
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