Haoxi Health Technology Limited (NASDAQ:HAO) Sees Significant Drop in Short Interest

Haoxi Health Technology Limited (NASDAQ:HAO) saw a large decline in short interest in December. As of December 31st, there was short interest totaling 73,787 shares, a decline of 17.4% from the December 15th total of 89,321 shares. Based on an average daily trading volume, of 16,141 shares, the days-to-cover ratio is currently 4.6 days. Currently, 0.9% of the shares of the stock are short sold. Currently, 0.9% of the shares of the stock are short sold. Based on an average daily trading volume, of 16,141 shares, the days-to-cover ratio is currently 4.6 days.

Haoxi Health Technology Trading Up 6.7%

Shares of HAO opened at $1.60 on Monday. The company has a quick ratio of 5.05, a current ratio of 5.05 and a debt-to-equity ratio of 0.02. The firm’s 50 day moving average is $1.06 and its 200-day moving average is $1.18. Haoxi Health Technology has a 12-month low of $0.82 and a 12-month high of $4.00.

Wall Street Analyst Weigh In

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

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.