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

Haoxi Health Technology Limited (NASDAQ:HAO) saw a significant drop in short interest during the month of January. As of January 30th, there was short interest totaling 52,925 shares, a drop of 24.7% from the January 15th total of 70,304 shares. Approximately 0.6% of the company’s shares are sold short. Based on an average daily trading volume, of 27,107 shares, the days-to-cover ratio is currently 2.0 days. Based on an average daily trading volume, of 27,107 shares, the days-to-cover ratio is currently 2.0 days. Approximately 0.6% of the company’s shares are sold short.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (d)” rating on shares of Haoxi Health Technology in a report on Thursday, January 22nd. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company has an average rating of “Sell”.

Haoxi Health Technology Price Performance

HAO traded down $0.02 during trading hours on Friday, reaching $1.21. 23,312 shares of the company’s stock traded hands, compared to its average volume of 24,573. The firm has a 50-day moving average price of $1.23 and a 200 day moving average price of $1.17. The company has a debt-to-equity ratio of 0.02, a current ratio of 5.05 and a quick ratio of 5.05. Haoxi Health Technology has a 52-week low of $0.82 and a 52-week high of $2.31.

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.