Able View Global Inc. (NASDAQ:ABLV) Short Interest Down 14.2% in January

Able View Global Inc. (NASDAQ:ABLV) was the target of a large decline in short interest in January. As of January 30th, there was short interest totaling 115,749 shares, a decline of 14.2% from the January 15th total of 134,908 shares. Based on an average daily trading volume, of 12,443 shares, the short-interest ratio is presently 9.3 days. Currently, 0.2% of the company’s stock are sold short. Currently, 0.2% of the company’s stock are sold short. Based on an average daily trading volume, of 12,443 shares, the short-interest ratio is presently 9.3 days.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “sell (d+)” rating on shares of Able View Global in a research note on Monday, December 29th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company currently has a consensus rating of “Sell”.

Able View Global Stock Performance

ABLV opened at $0.82 on Tuesday. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.07 and a current ratio of 1.44. Able View Global has a fifty-two week low of $0.59 and a fifty-two week high of $1.77. The company’s 50-day moving average is $0.75 and its 200 day moving average is $0.84.

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.