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

Akso Health Group (NASDAQ:AHG) was the target of a large decrease in short interest in the month of January. As of January 15th, there was short interest totalling 119,200 shares, a decrease of 37.5% from the December 31st total of 190,700 shares. Based on an average daily trading volume, of 188,300 shares, the days-to-cover ratio is currently 0.6 days.

Akso Health Group Trading Down 5.2 %

Shares of AHG stock traded down $0.07 during trading hours on Friday, hitting $1.28. 10,557 shares of the company’s stock were exchanged, compared to its average volume of 31,594. Akso Health Group has a fifty-two week low of $0.60 and a fifty-two week high of $2.90. The firm has a 50 day moving average of $1.20 and a two-hundred day moving average of $1.06.

Institutional Trading of Akso Health Group

A hedge fund recently raised its stake in Akso Health Group stock. Catalina Capital Group LLC increased its position in shares of Akso Health Group (NASDAQ:AHG) by 108.1% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 31,937 shares of the company’s stock after purchasing an additional 16,588 shares during the quarter. Catalina Capital Group LLC’s holdings in Akso Health Group were worth $43,000 as of its most recent filing with the SEC. Hedge funds and other institutional investors own 1.21% of the company’s stock.

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, and cost-saving promotions at petrol gas stations.