Short Interest in Akso Health Group Sponsored ADR (NASDAQ:AHG) Drops By 15.3%

Akso Health Group Sponsored ADR (NASDAQ:AHG) was the recipient of a significant decline in short interest during the month of January. As of January 15th, there was short interest totaling 14,650 shares, a decline of 15.3% from the December 31st total of 17,305 shares. Based on an average daily volume of 29,443 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.0% of the shares of the stock are sold short. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 29,443 shares, the days-to-cover ratio is presently 0.5 days.

Analyst Ratings Changes

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

Akso Health Group Stock Up 1.8%

Shares of NASDAQ:AHG opened at $1.42 on Monday. The firm’s 50 day simple moving average is $1.45 and its 200-day simple moving average is $1.62. Akso Health Group has a one year low of $0.83 and a one year high of $2.10.

About Akso Health Group

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.