Sentage Holdings Inc. (NASDAQ:SNTG) Sees Large Decrease in Short Interest

Sentage Holdings Inc. (NASDAQ:SNTG) was the target of a significant decrease in short interest in March. As of March 13th, there was short interest totaling 9,154 shares, a decrease of 60.0% from the February 26th total of 22,873 shares. Currently, 0.9% of the shares of the stock are short sold. Based on an average daily volume of 6,931 shares, the short-interest ratio is presently 1.3 days.

Sentage Stock Performance

Shares of SNTG opened at $1.88 on Friday. The company’s 50-day moving average price is $2.03 and its 200 day moving average price is $2.38. Sentage has a 12-month low of $1.43 and a 12-month high of $12.70.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Sentage in a research report on Thursday, January 22nd. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Sell”.

About Sentage

Sentage Holdings Inc provides a range of financial services. The company offers consumer loan repayment and collection management, loan recommendation, and prepaid payment network services in China. It also provides consultancy and information technology support services. Sentage Holdings Inc was incorporated in 2019 and is headquartered in Shanghai, the People's Republic of China.