Hello Group Inc. (NASDAQ:MOMO) Sees Significant Decrease in Short Interest
MarketBeat
Hello Group Inc. (NASDAQ:MOMO - Get Free Report) was the recipient of a large drop in short interest in April. As of April 15th, there was short interest totalling 2,160,000 shares, a drop of 37.8% from the March 31st total of 3,470,000 shares. Based on an average trading volume of 1,270,000 shares, the short-interest ratio is currently 1.7 days. Currently, 1.6% of the company's shares are sold short.
NASDAQ:MOMO