Able View Global Inc. (NASDAQ:ABLV) Sees Large Decrease in Short Interest

Able View Global Inc. (NASDAQ:ABLVGet Free Report) was the target of a significant decrease in short interest in January. As of January 30th, there was short interest totaling 115,749 shares, a decrease of 14.2% from the January 15th total of 134,908 shares. Based on an average daily trading volume, of 12,443 shares, the days-to-cover 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 days-to-cover ratio is presently 9.3 days.

Able View Global Stock Performance

Shares of NASDAQ: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. The business has a fifty day moving average price of $0.75 and a two-hundred day moving average price of $0.84. Able View Global has a 1 year low of $0.59 and a 1 year high of $1.77.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (d+)” rating on shares of Able View Global in a report on Monday, December 29th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Able View Global currently has an average rating of “Sell”.

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Able View Global Company Profile

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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.

Further Reading

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