Short Interest in Hudson Global, Inc. (NASDAQ:HSON) Drops By 10.9%

Hudson Global, Inc. (NASDAQ:HSON) was the recipient of a significant drop in short interest in the month of December. As of December 31st, there was short interest totalling 4,900 shares, a drop of 10.9% from the December 15th total of 5,500 shares. Based on an average daily trading volume, of 12,000 shares, the short-interest ratio is currently 0.4 days. Approximately 0.2% of the shares of the company are sold short.

Analyst Upgrades and Downgrades

Separately, StockNews.com assumed coverage on shares of Hudson Global in a research report on Monday, January 13th. They issued a “hold” rating on the stock.

Hudson Global Price Performance

HSON stock traded down $0.55 on Friday, reaching $12.58. The company’s stock had a trading volume of 1,364 shares, compared to its average volume of 3,005. The firm has a fifty day moving average of $13.99 and a two-hundred day moving average of $15.79. The company has a market capitalization of $34.34 million, a P/E ratio of -10.94, a price-to-earnings-growth ratio of 0.42 and a beta of 0.59. Hudson Global has a 52 week low of $11.73 and a 52 week high of $19.70.

Hudson Global Company Profile

Hudson Global, Inc provides talent solutions for mid-to-large-cap multinational companies and government agencies under the Hudson RPO brand in the Americas, the Asia Pacific, and Europe. It offers recruitment process outsourcing (RPO) services, such as recruitment outsourcing, project-based outsourcing, contingent workforce solutions, and recruitment consulting for clients' permanent staff hires; and RPO contracting services, including outsourced professional contract staffing and managed services.