Able View Global Inc. (NASDAQ:ABLV) Short Interest Down 15.0% in March

Able View Global Inc. (NASDAQ:ABLV) saw a large decline in short interest during the month of March. As of March 13th, there was short interest totaling 81,239 shares, a decline of 15.0% from the February 26th total of 95,533 shares. Based on an average trading volume of 8,033 shares, the short-interest ratio is currently 10.1 days. Approximately 0.2% of the company’s stock are sold short.

Able View Global Price Performance

ABLV opened at $0.64 on Tuesday. The firm has a 50 day moving average price of $0.72 and a 200-day moving average price of $0.79. Able View Global has a twelve month low of $0.59 and a twelve month high of $1.77. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.44 and a quick ratio of 1.07.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “sell (d+)” rating on shares of Able View Global in a report on Monday, December 29th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, Able View Global has a consensus rating of “Sell”.

About Able View Global

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 services, overseas logistics, and warehouse and fulfilment. The company was incorporated in 2021 and is based in Shanghai, China.