Short Interest in Akso Health Group (NASDAQ:AHG) Decreases By 28.7%

Akso Health Group (NASDAQ:AHG - Get Free Report) was the target of a significant decrease in short interest during the month of May. As of May 15th, there was short interest totalling 22,900 shares, a decrease of 28.7% from the April 30th total of 32,100 shares. Based on an average trading volume of 32,800 shares, the days-to-cover ratio is currently 0.7 days. Currently, 0.0% of the shares of the stock are sold short.

Hedge Funds Weigh In On Akso Health Group

A hedge fund recently raised its stake in Akso Health Group stock. Catalina Capital Group LLC boosted its position in Akso Health Group (NASDAQ:AHG - Free Report) by 108.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 31,937 shares of the company's stock after buying an additional 16,588 shares during the quarter. Catalina Capital Group LLC's holdings in Akso Health Group were worth $43,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Hedge funds and other institutional investors own 1.21% of the company's stock.

Akso Health Group Trading Down 15.5%

NASDAQ AHG traded down $0.27 during trading hours on Friday, reaching $1.47. 12,938 shares of the stock traded hands, compared to its average volume of 68,809. The stock has a 50 day simple moving average of $1.31 and a two-hundred day simple moving average of $1.25. Akso Health Group has a 1 year low of $0.62 and a 1 year 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.