Short Interest in Akso Health Group (NASDAQ:AHG) Decreases By 37.5%

Akso Health Group (NASDAQ:AHG) was the target of a large decline in short interest in January. As of January 15th, there was short interest totalling 119,200 shares, a decline of 37.5% from the December 31st total of 190,700 shares. Based on an average daily volume of 188,300 shares, the short-interest ratio is presently 0.6 days.

Akso Health Group Stock Down 5.2 %

NASDAQ AHG opened at $1.28 on Friday. Akso Health Group has a 1-year low of $0.60 and a 1-year high of $2.90. The business’s 50-day simple moving average is $1.20 and its 200-day simple moving average is $1.06.

Hedge Funds Weigh In On Akso Health Group

An institutional investor recently raised its position in Akso Health Group stock. Catalina Capital Group LLC boosted its holdings in shares of Akso Health Group (NASDAQ:AHG) by 108.1% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 31,937 shares of the company’s stock after purchasing an additional 16,588 shares during the quarter. Catalina Capital Group LLC’s holdings in Akso Health Group were worth $43,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 1.21% of the company’s stock.

Akso Health Group Company Profile

Akso Health Group operates a social e-commerce mobile platform in China. The company operates Xiaobai Maimai App, which offers food and beverage products, wine, cosmetic products, fashion and apparel, entertainment products, housewares, home appliances, and cost-saving promotions at petrol gas stations.