HUHUTECH International Group Inc. (NASDAQ:HUHU) Short Interest Update

HUHUTECH International Group Inc. (NASDAQ:HUHU) was the target of a large decline in short interest in the month of September. As of September 15th, there was short interest totaling 13,218 shares, a decline of 60.1% from the August 31st total of 33,164 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily volume of 26,766 shares, the days-to-cover ratio is currently 0.5 days.

HUHUTECH International Group Price Performance

Shares of NASDAQ HUHU traded up $0.34 during mid-day trading on Monday, reaching $5.64. 74,555 shares of the company’s stock were exchanged, compared to its average volume of 44,019. The company has a current ratio of 1.31, a quick ratio of 1.26 and a debt-to-equity ratio of 0.24. HUHUTECH International Group has a twelve month low of $3.71 and a twelve month high of $12.20. The business has a fifty day simple moving average of $4.93 and a 200 day simple moving average of $7.41.

HUHUTECH International Group (NASDAQ:HUHU) last announced its earnings results on Wednesday, September 23rd. The company reported ($0.34) earnings per share (EPS) for the quarter. The business had revenue of $5.33 million for the quarter.

Wall Street Analyst Weigh In

Separately, Weiss Ratings raised shares of HUHUTECH International Group from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Monday, September 21st. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company presently has an average rating of “Sell”.

About HUHUTECH International Group

HUHUTECH International Group, Inc designs and provides customized high-purity gas and chemical production system and equipment. The company was founded by Yu Jun Xiao on July 8, 2021 and is headquartered in Wuxi City, China.