Akso Health Group Sponsored ADR (NASDAQ:AHG – Get Free Report) was the target of a significant increase in short interest during the month of October. As of October 15th, there was short interest totaling 68,625 shares, an increase of 268.5% from the September 30th total of 18,625 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average trading volume of 41,348 shares, the short-interest ratio is presently 1.7 days.
Wall Street Analyst Weigh In
Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Akso Health Group in a research note on Thursday, October 15th. One investment analyst has rated the stock with a Sell rating. According to MarketBeat.com, the stock presently has an average rating of “Sell”.
Get Our Latest Stock Analysis on Akso Health Group
Akso Health Group Trading Down 1.5%
NASDAQ:AHG traded down $0.02 during mid-day trading on Friday, hitting $1.31. The company had a trading volume of 33,069 shares, compared to its average volume of 30,648. Akso Health Group has a 1 year low of $0.68 and a 1 year high of $2.50. The business has a fifty day simple moving average of $1.02 and a 200-day simple moving average of $1.51.
Institutional Inflows and Outflows
An institutional investor recently bought a new position in Akso Health Group stock. Citadel Advisors LLC acquired a new position in Akso Health Group Sponsored ADR (NASDAQ:AHG – Free Report) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 46,026 shares of the company’s stock, valued at approximately $69,000. 1.21% of the stock is owned by hedge funds and other institutional investors.
About Akso Health Group
Akso Health Group Limited is a Cayman Islands holding company that operates through subsidiaries in China. The company is focused on the health and wellness sector, offering products and services intended to support consumers’ healthcare, nutrition and general well-being needs.
Akso Health Group’s activities include the distribution and sale of health-related products, including nutritional supplements and other wellness offerings, together with related health management and support services.
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