Short Interest in Blue Hat Interactive Entertainment Technology (NASDAQ:BHAT) Rises By 49.5%

Blue Hat Interactive Entertainment Technology (NASDAQ:BHAT) saw a large growth in short interest in May. As of May 31st, there was short interest totalling 152,500 shares, a growth of 49.5% from the May 15th total of 102,000 shares. Approximately 3.1% of the company’s stock are short sold. Based on an average daily volume of 844,300 shares, the days-to-cover ratio is currently 0.2 days.

Blue Hat Interactive Entertainment Technology Price Performance

Shares of Blue Hat Interactive Entertainment Technology stock opened at $2.00 on Wednesday. The business has a 50-day simple moving average of $1.97 and a 200 day simple moving average of $5.19. Blue Hat Interactive Entertainment Technology has a one year low of $1.62 and a one year high of $145.00. The company has a quick ratio of 0.14, a current ratio of 1.72 and a debt-to-equity ratio of 0.02.

Blue Hat Interactive Entertainment Technology Company Profile

Fujian Blue Hat Interactive Entertainment Technology Ltd. designs, produces, promotes, and sells animated toys with mobile games features, intellectual property, and peripheral derivatives features worldwide. It offers AR Racer, a car-racing mobile game; AR Crazy Bug, a combat game played using a ladybug-shaped electronic toy; AR 3D Magic Box, which uses AR recognition technology to allow children to draw shapes or objects onto a physical card while the mobile game captures the drawings and animates them onto a set background; AR Dinosaur, an educational toy; and AR Shake Bouncing Bubble, which helps children to improve concentration and reaction, as well as Talking Tom and Friends' Bouncing Bubble.