Able View Global Inc. (NASDAQ:ABLV) Sees Large Growth in Short Interest

Able View Global Inc. (NASDAQ:ABLV) saw a significant growth in short interest in March. As of March 31st, there was short interest totalling 32,400 shares, a growth of 5.9% from the March 15th total of 30,600 shares. Currently, 0.6% of the shares of the company are short sold. Based on an average trading volume of 98,900 shares, the short-interest ratio is currently 0.3 days.

Hedge Funds Weigh In On Able View Global

Large investors have recently bought and sold shares of the stock. Shaolin Capital Management LLC acquired a new position in Able View Global in the third quarter valued at $51,000. Walleye Capital LLC acquired a new stake in shares of Able View Global during the third quarter worth about $62,000. Finally, Walleye Trading LLC acquired a new stake in shares of Able View Global during the third quarter worth about $35,000. Institutional investors and hedge funds own 78.53% of the company’s stock.

Able View Global Stock Performance

NASDAQ ABLV opened at $1.88 on Tuesday. Able View Global has a 1 year low of $1.60 and a 1 year high of $6.50. The company has a fifty day moving average of $2.68 and a two-hundred day moving average of $2.67.

Able View Global Company Profile

Able View Global Inc operates as brand management partners of beauty and personal care brands in China. Its brand management services encompass various segments of the brand management value chain, including strategy, branding, digital and social marketing, omni-channel sales, customer service, overseas logistics, warehouse, and fulfilment.