Able View Global Inc. (NASDAQ:ABLV) Short Interest Update

Able View Global Inc. (NASDAQ:ABLV) was the recipient of a significant increase in short interest in April. As of April 15th, there was short interest totalling 91,300 shares, an increase of 181.8% from the March 31st total of 32,400 shares. Approximately 1.7% of the shares of the stock are short sold. Based on an average daily trading volume, of 98,200 shares, the days-to-cover ratio is presently 0.9 days.

Hedge Funds Weigh In On Able View Global

An institutional investor recently bought a new position in Able View Global stock. Shaolin Capital Management LLC acquired a new position in shares of Able View Global Inc. (NASDAQ:ABLV) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 15,000 shares of the company’s stock, valued at approximately $51,000. 78.53% of the stock is currently owned by institutional investors and hedge funds.

Able View Global Trading Up 6.4 %

NASDAQ:ABLV opened at $1.67 on Friday. Able View Global has a 1 year low of $1.55 and a 1 year high of $6.50. The stock has a fifty day moving average price of $2.51 and a two-hundred day moving average price of $2.59.

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.