Fujian Blue Hat Interactive Entertainment Technology Ltd. (NASDAQ:BHAT) Sees Large Increase in Short Interest

Fujian Blue Hat Interactive Entertainment Technology Ltd. (NASDAQ:BHATGet Free Report) was the target of a large growth in short interest in August. As of August 15th, there was short interest totalling 61,400 shares, a growth of 718.7% from the July 31st total of 7,500 shares. Based on an average trading volume of 214,700 shares, the short-interest ratio is currently 0.3 days.

Fujian Blue Hat Interactive Entertainment Technology Trading Up 5.5 %

Shares of BHAT traded up $0.03 during mid-day trading on Tuesday, hitting $0.58. 577,133 shares of the stock were exchanged, compared to its average volume of 145,429. Fujian Blue Hat Interactive Entertainment Technology has a 52-week low of $0.40 and a 52-week high of $3.00. The firm has a 50-day moving average of $0.89 and a two-hundred day moving average of $1.02. The company has a quick ratio of 3.84, a current ratio of 6.94 and a debt-to-equity ratio of 0.02.

Fujian Blue Hat Interactive Entertainment Technology Company Profile

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Fujian Blue Hat Interactive Entertainment Technology Ltd. designs, produces, promotes, and sells animated toys with mobile games features, intellectual property, and peripheral derivatives features worldwide. It offers AR Racer, a car-racing mobile game; AR Crazy Bug, a combat game played using a ladybug-shaped electronic toy; AR 3D Magic Box, which uses AR recognition technology to allow children to draw shapes or objects onto a physical card while the mobile game captures the drawings and animates them onto a set background; AR Dinosaur, an educational toy; and AR Shake Bouncing Bubble, which helps children to improve concentration and reaction, as well as Talking Tom and Friends' Bouncing Bubble.

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