Haoxin Holdings Limited (NASDAQ:HXHX) Short Interest Update

Haoxin Holdings Limited (NASDAQ:HXHX) was the recipient of a significant drop in short interest during the month of January. As of January 30th, there was short interest totaling 161,815 shares, a drop of 28.6% from the January 15th total of 226,501 shares. Based on an average trading volume of 142,032 shares, the days-to-cover ratio is presently 1.1 days. Currently, 1.2% of the company’s shares are sold short. Currently, 1.2% of the company’s shares are sold short. Based on an average trading volume of 142,032 shares, the days-to-cover ratio is presently 1.1 days.

Institutional Trading of Haoxin

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

Haoxin Trading Up 18.0%

Shares of Haoxin stock traded up $0.10 during trading hours on Monday, reaching $0.64. 11,777,509 shares of the company’s stock were exchanged, compared to its average volume of 4,094,642. Haoxin has a 52-week low of $0.33 and a 52-week high of $6.29. The company has a fifty day moving average of $0.54 and a 200-day moving average of $0.84.

About Haoxin

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.