Short Interest in Haoxi Health Technology Limited (NASDAQ:HAO) Grows By 5,727.4%

Haoxi Health Technology Limited (NASDAQ:HAO) was the target of a large increase in short interest in the month of May. As of May 15th, there was short interest totaling 2,664,249 shares, an increase of 5,727.4% from the April 30th total of 45,719 shares. Based on an average trading volume of 111,476,909 shares, the short-interest ratio is presently 0.0 days. Approximately 579.2% of the shares of the company are short sold.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “sell (d)” rating on shares of Haoxi Health Technology in a research report on Tuesday, April 21st. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Haoxi Health Technology presently has a consensus rating of “Sell”.

Haoxi Health Technology Stock Down 9.3%

Haoxi Health Technology stock traded down $0.10 during mid-day trading on Wednesday, hitting $0.99. 461,207 shares of the company’s stock traded hands, compared to its average volume of 219,707. The firm has a 50 day moving average price of $102.87 and a 200 day moving average price of $131.64. Haoxi Health Technology has a one year low of $0.78 and a one year high of $285.44.

About Haoxi Health Technology

Haoxi Health Technology Limited, through its subsidiaries, provides online marketing solutions in China. It offers online marketing solutions, including online short video marketing solutions to advertisers through its media partners; and customized marketing solutions by planning, producing, placing, and optimizing online ads to help advertisers acquire, convert, and retain consumers on various online media platforms. The company places its ads through mainstream online short video and social media platforms, such as Toutiao, Douyin, WeChat, and Sina Weibo.