Highway Holdings Limited (NASDAQ:HIHO) Short Interest Down 90.8% in August

Posted by George Bondi on Aug 25th, 2026

Highway Holdings Limited (NASDAQ:HIHO – Get Free Report) was the recipient of a large decrease in short interest in the month of August. As of August 14th, there was short interest totaling 13,346 shares, a decrease of 90.8% from the July 30th total of 144,772 shares. Currently, 0.4% of the shares of the company are short sold. Based on an average daily volume of 151,412 shares, the days-to-cover ratio is currently 0.1 days.

Highway Stock Performance

HIHO stock traded down $0.00 on Tuesday, hitting $0.90. The company’s stock had a trading volume of 40,074 shares, compared to its average volume of 129,866. The stock has a market cap of $4.18 million, a price-to-earnings ratio of -2.82 and a beta of 0.49. The firm has a 50 day moving average of $0.94 and a two-hundred day moving average of $0.87. The company has a current ratio of 2.42, a quick ratio of 1.84 and a debt-to-equity ratio of 0.07. Highway has a 1 year low of $0.60 and a 1 year high of $2.21.

Highway Announces Dividend

The firm also recently announced a special dividend, which will be paid on Tuesday, September 22nd. Stockholders of record on Monday, August 10th will be issued a $0.05 dividend. The ex-dividend date of this dividend is Monday, August 10th. Highway’s dividend payout ratio is presently -15.62%.

Hedge Funds Weigh In On Highway

An institutional investor recently bought a new stake in Highway stock. Jane Street Group LLC purchased a new stake in Highway Holdings Limited (NASDAQ:HIHO – Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 24,122 shares of the industrial products company’s stock, valued at approximately $38,000. Jane Street Group LLC owned 0.52% of Highway as of its most recent SEC filing. 13.19% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Separately, Weiss Ratings raised Highway from a “sell (d-)” rating to a “sell (d)” rating in a research report on Thursday, July 2nd. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, Highway presently has a consensus rating of “Sell”.

Read Our Latest Report on Highway

Highway Company Profile

(Get Free Report)

Highway 33 Acquisition Corp. (NASDAQ: HIHO) is a special purpose acquisition company formed to raise capital through an initial public offering for the purpose of effecting a merger, stock exchange, asset acquisition, stock purchase or similar business combination with one or more businesses. As a blank‐check vehicle, the company does not have commercial operations of its own but instead seeks to partner with an established private company to bring it public through a business combination.

Since completing its initial public offering in 2021, the company has focused on identifying target businesses in growth‐oriented industries, including technology, consumer products and specialty manufacturing.