Haoxin Holdings Limited (NASDAQ:HXHX) Sees Significant Growth in Short Interest

Haoxin Holdings Limited (NASDAQ:HXHX) was the target of a significant growth in short interest during the month of February. As of February 13th, there was short interest totaling 970,631 shares, a growth of 499.8% from the January 29th total of 161,815 shares. Based on an average daily volume of 7,998,634 shares, the short-interest ratio is presently 0.1 days. Currently, 7.1% of the company’s stock are sold short. Currently, 7.1% of the company’s stock are sold short. Based on an average daily volume of 7,998,634 shares, the short-interest ratio is presently 0.1 days.

Hedge Funds Weigh In On Haoxin

A hedge fund recently bought a new stake in Haoxin stock. Marex Group plc acquired a new position in Haoxin Holdings Limited (NASDAQ:HXHX) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 27,871 shares of the company’s stock, valued at approximately $43,000. Marex Group plc owned 0.20% of Haoxin at the end of the most recent reporting period.

Haoxin Price Performance

Shares of Haoxin stock opened at $0.52 on Thursday. The business has a 50-day moving average price of $0.56 and a 200 day moving average price of $0.81. Haoxin has a fifty-two week low of $0.33 and a fifty-two week high of $6.29.

Haoxin Company Profile

We are a provider of temperature-controlled truckload service and urban delivery services in China with over 21 years of experience in the transportation industry. We started our urban delivery service business in 2003 and started expanding our business into temperature-controlled truckload service in 2016. We currently conduct all of our operations through our subsidiaries, Ningbo Haoxin, Zhejiang Haoxin, Longanda and Haiyue, and have experienced a steady growth in our business in recent years. The goods we take charge of transporting focus on factory logistics, which include electronic devices, chemicals, fruit, food and commercial goods.