Quhuo Limited Sponsored ADR (NASDAQ:QH) Sees Significant Increase in Short Interest

Quhuo Limited Sponsored ADR (NASDAQ:QH) saw a significant growth in short interest during the month of February. As of February 27th, there was short interest totaling 1,123,049 shares, a growth of 1,702.2% from the February 12th total of 62,317 shares. Based on an average trading volume of 8,669,967 shares, the days-to-cover ratio is currently 0.1 days. Based on an average trading volume of 8,669,967 shares, the days-to-cover ratio is currently 0.1 days.

Quhuo Price Performance

QH traded down $0.01 on Tuesday, reaching $0.09. The company had a trading volume of 3,229,256 shares, compared to its average volume of 10,452,733. Quhuo has a 1 year low of $0.08 and a 1 year high of $169.07. The stock has a 50-day moving average price of $0.81 and a 200-day moving average price of $2.76.

Wall Street Analyst Weigh In

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

Quhuo Company Profile

Quhuo Inc is a China-based mobile internet platform that provides digital solutions for personalized mobility and driver management services. The company connects passengers and corporate clients with professional chauffeurs through its on-demand and scheduled ride-hailing offerings, emphasizing safety, reliability and customer experience. Quhuo’s smartphone applications support real-time booking, route optimization and seamless digital payment processing for iOS and Android users.

In addition to its core passenger transportation business, Quhuo delivers business-to-business SaaS solutions to automotive enterprises and logistics providers.