Short Interest in Sentage Holdings Inc. (NASDAQ:SNTG) Decreases By 33.3%

Sentage Holdings Inc. (NASDAQ:SNTG) was the target of a large drop in short interest in January. As of January 15th, there was short interest totaling 12,713 shares, a drop of 33.3% from the December 31st total of 19,074 shares. Based on an average daily trading volume, of 17,707 shares, the days-to-cover ratio is presently 0.7 days. Approximately 1.2% of the shares of the stock are sold short. Approximately 1.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 17,707 shares, the days-to-cover ratio is presently 0.7 days.

Sentage Stock Down 1.7%

Sentage stock opened at $2.27 on Friday. The business’s 50-day moving average price is $2.18 and its 200 day moving average price is $2.34. Sentage has a 52 week low of $1.42 and a 52 week high of $12.70.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Sentage in a research note on Thursday, January 22nd. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Sentage has an average rating of “Sell”.

About Sentage

Sentage Holdings Inc provides a range of financial services. The company offers consumer loan repayment and collection management, loan recommendation, and prepaid payment network services in China. It also provides consultancy and information technology support services. Sentage Holdings Inc was incorporated in 2019 and is headquartered in Shanghai, the People's Republic of China.