Happiness Development Group Limited (NASDAQ:HAPP – Get Rating) was the target of a significant drop in short interest during the month of April. As of April 30th, there was short interest totalling 296,000 shares, a drop of 15.4% from the April 15th total of 349,700 shares. Based on an average trading volume of 344,500 shares, the short-interest ratio is presently 0.9 days.
Happiness Development Group stock opened at $0.20 on Wednesday. The stock has a 50-day moving average price of $0.28 and a 200 day moving average price of $0.47. Happiness Development Group has a 52 week low of $0.13 and a 52 week high of $1.84.
Several large investors have recently bought and sold shares of the company. Virtu Financial LLC boosted its holdings in shares of Happiness Development Group by 164.6% during the first quarter. Virtu Financial LLC now owns 208,473 shares of the company’s stock worth $61,000 after purchasing an additional 129,693 shares during the last quarter. Citadel Advisors LLC purchased a new position in Happiness Development Group during the third quarter worth about $100,000. Finally, Renaissance Technologies LLC boosted its stake in Happiness Development Group by 20.9% in the 1st quarter. Renaissance Technologies LLC now owns 378,976 shares of the company’s stock worth $112,000 after buying an additional 65,528 shares during the last quarter. 1.42% of the stock is owned by institutional investors and hedge funds.
Happiness Development Group Limited engages in the research, development, manufacture, and sale of nutraceutical and dietary supplement products in the People's Republic of China and internationally. The company's product category includes lucidum spore powders, cordyceps mycelia, Ejiao products, American ginseng products, other traditional Chinese herbal and animal extracts, vitamins, minerals, and amino acids.
- Get a free copy of the StockNews.com research report on Happiness Development Group (HAPP)
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