Fujian Blue Hat Interactive Entertainment Technology Ltd. (NASDAQ:BHAT) Sees Significant Drop in Short Interest

Fujian Blue Hat Interactive Entertainment Technology Ltd. (NASDAQ:BHAT) was the target of a large decline in short interest in the month of April. As of April 15th, there was short interest totalling 469,300 shares, a decline of 47.7% from the March 31st total of 897,100 shares. Currently, 9.8% of the shares of the company are sold short. Based on an average trading volume of 1,270,000 shares, the days-to-cover ratio is presently 0.4 days.

Fujian Blue Hat Interactive Entertainment Technology Price Performance

Fujian Blue Hat Interactive Entertainment Technology stock opened at $2.13 on Tuesday. Fujian Blue Hat Interactive Entertainment Technology has a one year low of $1.65 and a one year high of $145.00. The company has a quick ratio of 5.06, a current ratio of 5.88 and a debt-to-equity ratio of 0.02. The business has a fifty day moving average price of $2.85 and a 200-day moving average price of $10.48.

About Fujian Blue Hat Interactive Entertainment Technology

Fujian Blue Hat Interactive Entertainment Technology Ltd. designs, produces, promotes, and sells animated toys with mobile games features, intellectual property, and peripheral derivatives features worldwide. It offers AR Racer, a car-racing mobile game; AR Crazy Bug, a combat game played using a ladybug-shaped electronic toy; AR 3D Magic Box, which uses AR recognition technology to allow children to draw shapes or objects onto a physical card while the mobile game captures the drawings and animates them onto a set background; AR Dinosaur, an educational toy; and AR Shake Bouncing Bubble, which helps children to improve concentration and reaction, as well as Talking Tom and Friends' Bouncing Bubble.