Huatai Securities Co., Ltd. (OTCMKTS:HUATF) Sees Large Decline in Short Interest

Huatai Securities Co., Ltd. (OTCMKTS:HUATF) was the target of a large decrease in short interest in October. As of October 15th, there was short interest totaling 917,557 shares, a decrease of 58.3% from the September 30th total of 2,198,119 shares. Based on an average daily trading volume, of 18,218 shares, the days-to-cover ratio is presently 50.4 days.

Huatai Securities Stock Performance

HUATF opened at $2.01 on Friday. Huatai Securities has a 12 month low of $1.70 and a 12 month high of $2.38. The stock’s 50 day moving average price is $2.05 and its 200 day moving average price is $2.08.

Huatai Securities Company Profile

Huatai Securities Co, Ltd. is a China-based financial services company that provides securities and investment services to individual, institutional and corporate clients. Its principal businesses include securities brokerage, investment banking, asset management, securities investment, financial products and investment research.

The company offers services such as equities and fixed-income trading, margin financing, underwriting and sponsorship of public offerings, mergers and acquisitions advice, wealth management and fund distribution.