Short Interest in Alibaba Health Information Technology Limited (OTCMKTS:ALBHF) Grows By 63.5%

Alibaba Health Information Technology Limited (OTCMKTS:ALBHF) saw a significant increase in short interest during the month of May. As of May 29th, there was short interest totaling 229,328,876 shares, an increase of 63.5% from the May 14th total of 140,298,876 shares. Based on an average daily volume of 644 shares, the days-to-cover ratio is presently 356,100.7 days.

Alibaba Health Information Technology Stock Down 2.2%

Shares of ALBHF stock opened at $0.45 on Wednesday. The stock’s 50-day moving average is $0.53 and its two-hundred day moving average is $0.66. Alibaba Health Information Technology has a 1 year low of $0.42 and a 1 year high of $0.90.

About Alibaba Health Information Technology

Alibaba Health Information Technology Limited, an investment holding company, engages in the pharmaceutical direct sales, pharmaceutical e-commerce platform, and healthcare and digital services businesses in Mainland China and Hong Kong. The company offers a range of prescription and over-the-counter drugs, nutritional supplements, medical devices, contact lenses, health food, adult and family planning products, healthcare and skincare products, and various other health-related products. It also provides medical and healthcare services, including medical checkups, nucleic acid testing, medical consultation, appointment-booking, vaccination, dental care, mental care, optometry, and nursing services, as well as traditional Chinese medicines.