Short Interest in Haier Smart Home Co., Ltd. (OTCMKTS:HRSHF) Decreases By 70.0%

Haier Smart Home Co., Ltd. (OTCMKTS:HRSHF) was the recipient of a significant drop in short interest in August. As of August 14th, there was short interest totaling 2,130,784 shares, a drop of 70.0% from the July 30th total of 7,100,054 shares. Based on an average trading volume of 2,599 shares, the days-to-cover ratio is presently 819.8 days.

Haier Smart Home Stock Performance

Shares of HRSHF stock remained flat at $2.67 on Thursday. The firm’s 50 day simple moving average is $2.71 and its 200-day simple moving average is $2.82. Haier Smart Home has a 1-year low of $2.25 and a 1-year high of $3.75.

About Haier Smart Home

Haier Smart Home Co, Ltd., trading on the OTC Markets under the symbol HRSHF, is a leading global manufacturer of home appliances and consumer electronics. Headquartered in Qingdao, China, the company develops, produces and markets a comprehensive range of products, including refrigerators, washing machines, air conditioners, kitchen appliances and small domestic devices. With a strong emphasis on innovation and quality, Haier Smart Home serves residential, commercial and specialized markets across more than 100 countries and regions.

Its diversified brand portfolio features names such as Haier, Casarte and Leader, alongside GE Appliances, which Haier acquired in 2016 to bolster its North American presence.