Akso Health Group (NASDAQ:AHG – Get Rating) was the target of a significant drop in short interest in the month of November. As of November 30th, there was short interest totalling 37,900 shares, a drop of 68.0% from the November 15th total of 118,600 shares. Based on an average daily trading volume, of 242,700 shares, the short-interest ratio is presently 0.2 days.

Hedge Funds Weigh In On Akso Health Group

A hedge fund recently bought a new stake in Akso Health Group stock. Renaissance Technologies LLC purchased a new position in Akso Health Group (NASDAQ:AHG – Get Rating) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 455,448 shares of the company's stock, valued at approximately $465,000. Renaissance Technologies LLC owned approximately 0.93% of Akso Health Group at the end of the most recent reporting period. Hedge funds and other institutional investors own 1.18% of the company's stock.

Akso Health Group Stock Performance

NASDAQ AHG opened at $0.40 on Thursday. The stock's 50 day moving average is $0.51 and its 200 day moving average is $0.88. Akso Health Group has a twelve month low of $0.33 and a twelve month high of $2.37.

About Akso Health Group

Akso Health Group operates a social e-commerce mobile platform in China. The company operates Xiaobai Maimai App, which offers food and beverage products, wine, cosmetic products, fashion and apparel, entertainment products, housewares, home appliances, etc. It also offers consultancy and information technology support services; and trades in branded products, as well as promotes products.

Further Reading

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