Haoxi Health Technology Limited (NASDAQ:HAO) Short Interest Down 97.4% in May

Haoxi Health Technology Limited (NASDAQ:HAO) was the recipient of a significant drop in short interest during the month of May. As of May 29th, there was short interest totaling 68,307 shares, a drop of 97.4% from the May 14th total of 2,664,249 shares. Currently, 14.7% of the shares of the company are short sold. Based on an average trading volume of 1,396,231 shares, the short-interest ratio is presently 0.0 days.

Haoxi Health Technology Trading Up 7.9%

HAO stock opened at $1.06 on Wednesday. Haoxi Health Technology has a fifty-two week low of $0.78 and a fifty-two week high of $285.44. The business’s fifty day moving average price is $72.74 and its two-hundred day moving average price is $123.47.

Wall Street Analysts Forecast Growth

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

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.