Haoxin Holdings Limited (NASDAQ:HXHX) Short Interest Update

Haoxin Holdings Limited (NASDAQ:HXHX) was the target of a significant decline in short interest in the month of January. As of January 30th, there was short interest totaling 161,815 shares, a decline of 28.6% from the January 15th total of 226,501 shares. Approximately 1.2% of the shares of the company are short sold. Based on an average daily trading volume, of 142,032 shares, the short-interest ratio is currently 1.1 days. Based on an average daily trading volume, of 142,032 shares, the short-interest ratio is currently 1.1 days. Approximately 1.2% of the shares of the company are short sold.

Institutional Investors Weigh In On Haoxin

A hedge fund recently bought a new stake in Haoxin stock. Marex Group plc acquired a new position in Haoxin Holdings Limited (NASDAQ:HXHX) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 27,871 shares of the company’s stock, valued at approximately $43,000. Marex Group plc owned 0.20% of Haoxin as of its most recent SEC filing.

Haoxin Stock Performance

HXHX opened at $0.64 on Friday. The stock’s 50 day moving average price is $0.54 and its 200 day moving average price is $0.85. Haoxin has a 12 month low of $0.33 and a 12 month high of $6.29.

Haoxin Company Profile

We are a provider of temperature-controlled truckload service and urban delivery services in China with over 21 years of experience in the transportation industry. We started our urban delivery service business in 2003 and started expanding our business into temperature-controlled truckload service in 2016. We currently conduct all of our operations through our subsidiaries, Ningbo Haoxin, Zhejiang Haoxin, Longanda and Haiyue, and have experienced a steady growth in our business in recent years. The goods we take charge of transporting focus on factory logistics, which include electronic devices, chemicals, fruit, food and commercial goods.