Antelope Enterprise Holdings L (NASDAQ:AEHL) Sees Large Increase in Short Interest

Antelope Enterprise Holdings L (NASDAQ:AEHL) saw a large increase in short interest in the month of October. As of October 15th, there was short interest totaling 229,388 shares, an increase of 357.3% from the September 30th total of 50,156 shares. Approximately 1.5% of the shares of the company are short sold. Based on an average daily trading volume, of 1,647,387 shares, the short-interest ratio is currently 0.1 days.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Antelope Enterprise Holdings L in a research note on Friday, October 2nd. One research analyst has rated the stock with a Sell rating. According to MarketBeat.com, the stock presently has an average rating of “Sell”.

Antelope Enterprise Holdings L Trading Down 2.8%

NASDAQ AEHL opened at $7.65 on Wednesday. The company’s 50 day simple moving average is $8.22 and its two-hundred day simple moving average is $28.49. Antelope Enterprise Holdings L has a 1 year low of $2.98 and a 1 year high of $379.20.

About Antelope Enterprise Holdings L

Antelope Enterprise Holdings Limited (NASDAQ: AEHL) is a China-based company focused primarily on livestreaming e-commerce. Through its operating subsidiaries, the company provides online product promotion and sales services that connect merchants, brands and consumers through livestreaming platforms.

Its activities may include livestreaming-based marketing, product distribution and related e-commerce support services. The company’s business is centered on helping commercial partners reach customers through digital content and online sales channels in China.

Antelope Enterprise was formerly known as China Ceramics Co, Ltd.