Haoxi Health Technology Limited (NASDAQ:HAO) Sees Significant Growth in Short Interest

Haoxi Health Technology Limited (NASDAQ:HAO – Get Free Report) was the target of a significant increase in short interest in the month of August. As of August 31st, there was short interest totaling 30,259 shares, an increase of 166.1% from the August 15th total of 11,372 shares. Currently, 8.2% of the shares of the company are sold short. Based on an average trading volume of 455,866 shares, the short-interest ratio is currently 0.1 days.

Analysts Set New Price Targets

A number of research analysts have weighed in on the stock. Wall Street Zen cut shares of Haoxi Health Technology from a “hold” rating to a “sell” rating in a research note on Sunday, August 23rd. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Haoxi Health Technology in a report on Friday, July 17th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Haoxi Health Technology presently has a consensus rating of “Sell”.

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Haoxi Health Technology Trading Up 1.0%

HAO traded up $0.03 during trading hours on Tuesday, hitting $2.82. The stock had a trading volume of 3,013 shares, compared to its average volume of 148,319. The company’s fifty day simple moving average is $4.67 and its 200 day simple moving average is $1,005.81. Haoxi Health Technology has a 1 year low of $2.61 and a 1 year high of $4,352.00.

About Haoxi Health Technology

(Get Free Report)

Haoxi Health Technology Limited, through its subsidiaries, provides online marketing solutions in China. It offers online marketing solutions, including online short video marketing solutions to advertisers through its media partners; and customized marketing solutions by planning, producing, placing, and optimizing online ads to help advertisers acquire, convert, and retain consumers on various online media platforms. The company places its ads through mainstream online short video and social media platforms, such as Toutiao, Douyin, WeChat, and Sina Weibo.

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