Akso Health Group (NASDAQ:AHG) Sees Significant Drop in Short Interest

Akso Health Group (NASDAQ:AHG) was the recipient of a significant drop in short interest during the month of October. As of October 31st, there was short interest totalling 134,300 shares, a drop of 44.5% from the October 15th total of 242,200 shares. Based on an average daily volume of 183,000 shares, the days-to-cover ratio is currently 0.7 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Akso Health Group stock. Renaissance Technologies LLC purchased a new stake in shares of Akso Health Group (NASDAQ:AHG) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 455,448 shares of the company’s stock, valued at approximately $465,000. Renaissance Technologies LLC owned 0.93% of Akso Health Group as of its most recent filing with the Securities and Exchange Commission (SEC). 1.52% of the stock is currently owned by institutional investors and hedge funds.

Akso Health Group Stock Up 0.9 %

Shares of NASDAQ AHG opened at $1.07 on Tuesday. Akso Health Group has a 1-year low of $0.20 and a 1-year high of $2.11. The business’s fifty day moving average price is $1.20 and its two-hundred day moving average price is $0.66.

Akso Health Group Company Profile

Akso Health Group operates a social e-commerce mobile platform in China. The company operates Xiaobai Maimai App, which offers food and beverage products, wine, cosmetic products, fashion and apparel, entertainment products, housewares, home appliances, and cost-saving promotions at petrol gas stations.