Haitian International Holdings Limited (OTCMKTS:HAIIF – Get Free Report) was the target of a large decrease in short interest in the month of August. As of August 15th, there was short interest totalling 889,000 shares, a decrease of 8.8% from the July 31st total of 975,000 shares. Based on an average trading volume of 400 shares, the short-interest ratio is currently 2,222.5 days.
Haitian International Stock Performance
HAIIF stock opened at $2.36 on Thursday. The business’s fifty day moving average price is $2.36 and its two-hundred day moving average price is $2.46. Haitian International has a fifty-two week low of $2.36 and a fifty-two week high of $2.36.
Analysts Set New Price Targets
Separately, The Goldman Sachs Group cut shares of Haitian International from a “buy” rating to a “neutral” rating in a report on Sunday, July 30th.
About Haitian International
Haitian International Holdings Limited, an investment holding company, engages in manufacturing and distribution of plastic injection molding machines in Mainland China, Hong Kong, and internationally. It offers plastic machinery under the Haitian and Zhafir names. The company is also involved in the trading of machinery and related accessories; sale of software of plastic injection molding machines; manufacture and sale of intelligence control systems; private vocational skills training institutions; and research and development of emerging energy technologies.
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