Akso Health Group Sponsored ADR (NASDAQ:AHG) Short Interest Down 27.4% in December

Akso Health Group Sponsored ADR (NASDAQ:AHG) was the target of a large drop in short interest during the month of December. As of December 15th, there was short interest totaling 14,809 shares, a drop of 27.4% from the November 30th total of 20,395 shares. Based on an average daily volume of 3,523 shares, the days-to-cover ratio is currently 4.2 days. Approximately 0.0% of the shares of the company are sold short. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 3,523 shares, the days-to-cover ratio is currently 4.2 days.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Akso Health Group in a research note on Wednesday, October 8th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Sell”.

Akso Health Group Price Performance

AHG opened at $1.40 on Monday. The stock has a fifty day moving average of $1.50 and a 200-day moving average of $1.60. Akso Health Group has a fifty-two week low of $0.83 and a fifty-two week high of $2.35.

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.