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

Fujian Blue Hat Interactive Entertainment Technology Ltd. (NASDAQ:BHAT) was the recipient of a large growth in short interest in April. As of April 30th, there was short interest totalling 47,800 shares, a growth of 65.4% from the April 15th total of 28,900 shares. Approximately 0.7% of the shares of the stock are sold short. Based on an average daily trading volume, of 103,400 shares, the days-to-cover ratio is presently 0.5 days.

Institutional Investors Weigh In On Fujian Blue Hat Interactive Entertainment Technology

A hedge fund recently bought a new stake in Fujian Blue Hat Interactive Entertainment Technology stock. Hudson Bay Capital Management LP purchased a new stake in shares of Fujian Blue Hat Interactive Entertainment Technology Ltd. (NASDAQ:BHAT) during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 63,000 shares of the company’s stock, valued at approximately $86,000. Hudson Bay Capital Management LP owned 0.64% of Fujian Blue Hat Interactive Entertainment Technology as of its most recent filing with the SEC. 1.94% of the stock is owned by hedge funds and other institutional investors.

Fujian Blue Hat Interactive Entertainment Technology Trading Down 0.9 %

Shares of NASDAQ:BHAT opened at $1.10 on Friday. Fujian Blue Hat Interactive Entertainment Technology has a 12 month low of $0.70 and a 12 month high of $3.00. The company has a quick ratio of 3.84, a current ratio of 6.94 and a debt-to-equity ratio of 0.02. The company has a 50-day moving average price of $1.10 and a 200 day moving average price of $1.11.

Fujian Blue Hat Interactive Entertainment Technology Company Profile

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.