Able View Global Inc. (NASDAQ:ABLV) Short Interest Down 15.0% in March

Able View Global Inc. (NASDAQ:ABLV) saw a significant decline in short interest in the month of March. As of March 13th, there was short interest totaling 81,239 shares, a decline of 15.0% from the February 26th total of 95,533 shares. Based on an average daily trading volume, of 8,033 shares, the days-to-cover ratio is currently 10.1 days. Currently, 0.2% of the company’s shares are short sold.

Able View Global Price Performance

Shares of ABLV opened at $0.62 on Thursday. Able View Global has a twelve month low of $0.59 and a twelve month high of $1.77. The firm has a 50 day moving average of $0.72 and a 200 day moving average of $0.79.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “sell (d+)” rating on shares of Able View Global in a report on Monday, December 29th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company currently has a consensus rating of “Sell”.

About Able View Global

Able View Global Inc operates as brand management partners of beauty and personal care brands in China. Its brand management services encompass various segments of the brand management value chain, including strategy, branding, digital and social marketing, omni-channel sales, customer services, overseas logistics, and warehouse and fulfilment. The company was incorporated in 2021 and is based in Shanghai, China.