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Akso Health Group (NASDAQ:AHG) Sees Large Growth in Short Interest

Defense World ·  Dec 31, 2022 04:11

Akso Health Group (NASDAQ:AHG – Get Rating) was the recipient of a significant growth in short interest in December. As of December 15th, there was short interest totalling 51,500 shares, a growth of 35.9% from the November 30th total of 37,900 shares. Based on an average trading volume of 243,900 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Trading of Akso Health Group

An institutional investor recently bought a new position in Akso Health Group stock. Renaissance Technologies LLC bought a new position in shares of Akso Health Group (NASDAQ:AHG – Get Rating) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 455,448 shares of the company's stock, valued at approximately $465,000. Renaissance Technologies LLC owned about 0.93% of Akso Health Group as of its most recent filing with the Securities & Exchange Commission. Institutional investors and hedge funds own 1.01% of the company's stock.

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Akso Health Group Trading Up 6.3 %

Shares of Akso Health Group stock opened at $0.38 on Friday. Akso Health Group has a 12-month low of $0.20 and a 12-month high of $2.34. The company has a 50-day simple moving average of $0.43 and a 200 day simple moving average of $0.81.

Akso Health Group Company Profile

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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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