Haoxin Holdings Limited (NASDAQ:HXHX) Shares Shorted: Short Interest Down 69.1% in October

Haoxin Holdings Limited (NASDAQ:HXHX) saw a significant decrease in short interest during the month of October. As of October 30th, there was short interest totaling 56,108 shares, a decrease of 69.1% from the October 15th total of 181,505 shares. Currently, 0.5% of the company’s stock are sold short. Based on an average trading volume of 325,307 shares, the short-interest ratio is presently 0.2 days.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Haoxin in a report on Tuesday, October 27th. One investment analyst has rated the stock with a Sell rating. According to data from MarketBeat, Haoxin has an average rating of “Sell”.

Haoxin Stock Down 2.3%

HXHX stock traded down $0.00 on Friday, hitting $0.15. 83,668 shares of the company’s stock were exchanged, compared to its average volume of 1,952,810. The firm has a 50 day moving average price of $0.31 and a two-hundred day moving average price of $0.45. Haoxin has a 12-month low of $0.12 and a 12-month high of $1.47.

Haoxin Company Profile

Haoxin Holdings Limited is a China-based company focused on the commercial vehicle sector. Through its operating subsidiaries, the company is primarily engaged in the sale of used commercial vehicles and related automotive products and services. Its activities may also include vehicle repair, maintenance and other support services associated with commercial vehicles. These offerings are intended to serve customers in China’s commercial transportation and automotive markets. Haoxin Holdings Limited is incorporated as a holding company, with its business conducted through subsidiaries in China.