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Akso Health Group (NASDAQ:AHG) Sees Large Decrease in Short Interest

Akso Health Group logo with Retail/Wholesale background

Akso Health Group (NASDAQ:AHG - Get Free Report) saw a significant decrease in short interest in 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. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily volume of 32,800 shares, the days-to-cover ratio is currently 0.7 days.

Institutional Investors Weigh In On Akso Health Group

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

Akso Health Group Stock Performance

AHG stock traded up $0.07 during mid-day trading on Wednesday, reaching $1.45. 7,852 shares of the company's stock were exchanged, compared to its average volume of 68,809. Akso Health Group has a 12-month low of $0.62 and a 12-month high of $2.35. The stock's 50 day moving average is $1.33 and its 200 day moving average is $1.26.

About Akso Health Group

(Get Free Report)

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.

Further Reading

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