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Short Interest in Able View Global Inc. (NASDAQ:ABLV) Drops By 20.2%

Short Interest in Able View Global Inc. (NASDAQ:ABLV) Drops By 20.2%

Able View Global Inc. (NASDAQ:ABLV - Get Free Report) was the target of a large decline in short interest in May. As of May 15th, there was short interest totalling 45,100 shares, a decline of 20.2% from the April 30th total of 56,500 shares. Approximately 0.5% of the company's stock are sold short. Based on an average trading volume of 127,800 shares, the short-interest ratio is currently 0.4 days.

Able View Global Price Performance

Shares of Able View Global stock traded down $0.01 on Tuesday, hitting $1.23. 5,379 shares of the company traded hands, compared to its average volume of 49,437. Able View Global has a 12-month low of $0.55 and a 12-month high of $1.90. The company has a current ratio of 2.11, a quick ratio of 1.41 and a debt-to-equity ratio of 0.49. The company has a 50-day moving average price of $1.11 and a 200 day moving average price of $0.98.

Able View Global Company Profile

(Get Free Report)

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.

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