Haoxi Health Technology Limited (NASDAQ:HAO) Short Interest Down 60.5% in June

Haoxi Health Technology Limited (NASDAQ:HAO) was the target of a large decline in short interest during the month of June. As of June 30th, there was short interest totaling 59,833 shares, a decline of 60.5% from the June 15th total of 151,395 shares. Currently, 12.9% of the company’s stock are sold short. Based on an average daily trading volume, of 864,793 shares, the days-to-cover ratio is currently 0.1 days.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “sell (d)” rating on shares of Haoxi Health Technology in a report on Tuesday, April 21st. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company currently has a consensus rating of “Sell”.

Haoxi Health Technology Stock Down 19.3%

Shares of Haoxi Health Technology stock traded down $0.06 during midday trading on Wednesday, reaching $0.23. 5,975,787 shares of the company’s stock traded hands, compared to its average volume of 2,085,943. Haoxi Health Technology has a 52 week low of $0.22 and a 52 week high of $285.44. The company’s 50 day simple moving average is $6.76 and its 200 day simple moving average is $101.06.

About Haoxi Health Technology

Haoxi Health Technology Limited, through its subsidiaries, provides online marketing solutions in China. It offers online marketing solutions, including online short video marketing solutions to advertisers through its media partners; and customized marketing solutions by planning, producing, placing, and optimizing online ads to help advertisers acquire, convert, and retain consumers on various online media platforms. The company places its ads through mainstream online short video and social media platforms, such as Toutiao, Douyin, WeChat, and Sina Weibo.