Haoxi Health Technology Limited (NASDAQ:HAO) Short Interest Up 166.1% in August

Haoxi Health Technology Limited (NASDAQ:HAO) saw a large growth in short interest during the month of August. As of August 31st, there was short interest totaling 30,259 shares, a growth of 166.1% from the August 15th total of 11,372 shares. Based on an average trading volume of 455,866 shares, the short-interest ratio is presently 0.1 days. Currently, 8.2% of the shares of the stock are short sold.

Haoxi Health Technology Stock Performance

Shares of NASDAQ HAO opened at $2.86 on Friday. Haoxi Health Technology has a 52-week low of $2.61 and a 52-week high of $4,352.00. The company’s 50 day moving average price is $5.05 and its 200-day moving average price is $1,039.75.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on HAO shares. Wall Street Zen cut Haoxi Health Technology from a “hold” rating to a “sell” rating in a report on Sunday, August 23rd. Weiss Ratings reiterated a “sell (d)” rating on shares of Haoxi Health Technology in a report on Friday, July 17th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Haoxi Health Technology currently has an average rating of “Sell”.

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.