Kuaishou Technology (OTCMKTS:KUASF) Sees Significant Drop in Short Interest

Kuaishou Technology (OTCMKTS:KUASF) saw a significant decrease in short interest in the month of January. As of January 31st, there was short interest totalling 21,777,700 shares, a decrease of 20.3% from the January 15th total of 27,322,000 shares. Based on an average daily trading volume, of 400 shares, the days-to-cover ratio is presently 54,444.3 days.

Kuaishou Technology Price Performance

KUASF stock opened at $5.39 on Monday. The company has a fifty day moving average price of $5.52 and a 200-day moving average price of $5.75. Kuaishou Technology has a 52-week low of $4.68 and a 52-week high of $8.08.

About Kuaishou Technology

Kuaishou Technology, an investment holding company, provides live streaming, online marketing, and other services mainly in the People's Republic of China. It offers Kuaishou Flagship, a short video and content based social networking platform; Kuaishou Express; Kuaishou Concept; Yitian Camera, an app to create photographs, videos, and vlogs; Kmovie, a shooting, editing, and production tool; and AcFun, a video sharing website.