Hang Feng Technology Innovation Co., Ltd. (NASDAQ:FOFO) Short Interest Update

Hang Feng Technology Innovation Co., Ltd. (NASDAQ:FOFO) saw a significant growth in short interest in September. As of September 30th, there was short interest totaling 37,492 shares, a growth of 5,632.7% from the September 15th total of 654 shares. Currently, 0.5% of the shares of the company are short sold. Based on an average daily volume of 751,696 shares, the short-interest ratio is presently 0.0 days.

Hang Feng Technology Innovation Stock Performance

Shares of NASDAQ FOFO traded down $0.07 during midday trading on Friday, reaching $1.96. The stock had a trading volume of 36,458 shares, compared to its average volume of 145,432. Hang Feng Technology Innovation has a 12-month low of $1.70 and a 12-month high of $21.82. The stock has a 50-day moving average of $2.26 and a 200-day moving average of $2.90.

Hang Feng Technology Innovation (NASDAQ:FOFO) last released its earnings results on Friday, August 14th. The company reported ($0.04) earnings per share for the quarter. The company had revenue of $0.18 million for the quarter.

Analyst Upgrades and Downgrades

A number of analysts have commented on FOFO shares. Weiss Ratings cut Hang Feng Technology Innovation from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Tuesday, September 22nd. Wall Street Zen raised Hang Feng Technology Innovation to a “hold” rating in a research report on Saturday, June 27th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company has an average rating of “Sell”.

Hang Feng Technology Innovation Company Profile

Hang Feng Technology Innovation Co, Ltd. is a company providing comprehensive corporate management consulting and asset management services. Hang Feng Technology Innovation Co, Ltd. is based in Hong Kong.