Akso Health Group Sponsored ADR (NASDAQ:AHG) Short Interest Update

Akso Health Group Sponsored ADR (NASDAQ:AHG) saw a large decrease in short interest during the month of March. As of March 31st, there was short interest totaling 38,262 shares, a decrease of 18.6% from the March 15th total of 46,989 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 174,063 shares, the short-interest ratio is currently 0.2 days.

Institutional Investors Weigh In On Akso Health Group

An institutional investor recently bought a new position in Akso Health Group stock. SmartHarvest Portfolios LLC bought a new stake in Akso Health Group Sponsored ADR (NASDAQ:AHG) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 16,748 shares of the company’s stock, valued at approximately $27,000. 1.21% of the stock is currently owned by institutional investors.

Akso Health Group Stock Performance

Shares of Akso Health Group stock opened at $2.21 on Thursday. The firm’s 50-day simple moving average is $1.88 and its 200-day simple moving average is $1.65. Akso Health Group has a 1 year low of $1.00 and a 1 year high of $2.50.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Akso Health Group in a research report on Wednesday, January 21st. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Sell”.

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. It also offers consultancy and information technology support services; provides health treatment services; sells medical devices; and trades in branded products, as well as promotes products. The company was formerly known as Xiaobai Maimai Inc and changed its name to Akso Health Group in December 2021.