Hanryu Holdings, Inc. (NASDAQ:HRYU) Short Interest Down 35.3% in March

Hanryu Holdings, Inc. (NASDAQ:HRYU) was the recipient of a large decrease in short interest in March. As of March 15th, there was short interest totalling 98,300 shares, a decrease of 35.3% from the February 29th total of 152,000 shares. Based on an average daily volume of 329,400 shares, the short-interest ratio is currently 0.3 days. Approximately 0.3% of the company’s stock are sold short.

Hanryu Price Performance

HRYU stock remained flat at $0.29 during trading hours on Friday. The company’s stock had a trading volume of 277,495 shares, compared to its average volume of 196,177. The firm’s 50 day simple moving average is $0.43 and its 200-day simple moving average is $1.67. The company has a current ratio of 2.61, a quick ratio of 2.61 and a debt-to-equity ratio of 0.06. Hanryu has a 52-week low of $0.27 and a 52-week high of $9.50.

Hanryu Company Profile

Hanryu Holdings, Inc operates FANTOO, an online social media platform that connects users worldwide that share similar interests. Its platform allows users to interact with other like-minded users to share their appreciation of various types of entertainment and cultures, create and monetize their content, enjoy other users content, engage in commerce, and experience a fandom community.