Akso Health Group Sponsored ADR (NASDAQ:AHG) Sees Large Decline in Short Interest

Akso Health Group Sponsored ADR (NASDAQ:AHG) was the recipient of a large decrease in short interest in December. As of December 15th, there was short interest totaling 14,809 shares, a decrease of 27.4% from the November 30th total of 20,395 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 3,523 shares, the short-interest ratio is currently 4.2 days. Based on an average daily volume of 3,523 shares, the short-interest ratio is currently 4.2 days. Approximately 0.0% of the shares of the company are sold short.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Akso Health Group in a research report on Wednesday, October 8th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the stock has a consensus rating of “Sell”.

Akso Health Group Price Performance

Shares of AHG opened at $1.65 on Wednesday. The business’s 50 day moving average is $1.50 and its 200 day moving average is $1.61. Akso Health Group has a 12-month low of $0.83 and a 12-month high of $2.10.

About Akso Health Group

Akso Health Group operates a social e-commerce mobile platform in China. The company operates Xiaobai Maimai App, which offers food and beverage products, wine, cosmetic products, fashion and apparel, entertainment products, housewares, home appliances, and cost-saving promotions at petrol gas stations. It also offers consultancy and information technology support services; provides health treatment services; sells medical devices; and trades in branded products, as well as promotes products. The company was formerly known as Xiaobai Maimai Inc and changed its name to Akso Health Group in December 2021.