Short Interest in Akso Health Group Sponsored ADR (NASDAQ:AHG) Expands By 28.5%

Akso Health Group Sponsored ADR (NASDAQ:AHG) was the target of a significant growth in short interest in the month of January. As of January 30th, there was short interest totaling 18,825 shares, a growth of 28.5% from the January 15th total of 14,650 shares. Based on an average daily trading volume, of 7,550 shares, the short-interest ratio is presently 2.5 days. Currently, 0.0% of the shares of the company are sold short. Currently, 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 7,550 shares, the short-interest ratio is presently 2.5 days.

Institutional Investors Weigh In On Akso Health Group

An institutional investor recently bought a new position in Akso Health Group stock. SmartHarvest Portfolios LLC purchased a new position in shares of Akso Health Group Sponsored ADR (NASDAQ:AHG) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 16,748 shares of the company’s stock, valued at approximately $27,000. Institutional investors and hedge funds own 1.21% of the company’s stock.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Akso Health Group in a research note on Wednesday, January 21st. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company has an average rating of “Sell”.

Akso Health Group Price Performance

AHG opened at $1.38 on Tuesday. Akso Health Group has a 12-month low of $0.83 and a 12-month high of $2.10. The firm has a 50 day moving average of $1.44 and a two-hundred day moving average of $1.59.

About Akso Health Group

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. It also offers consultancy and information technology support services; provides health treatment services; sells medical devices; and trades in branded products, as well as promotes products. The company was formerly known as Xiaobai Maimai Inc and changed its name to Akso Health Group in December 2021.