HUHUTECH International Group Inc. (NASDAQ:HUHU) Sees Significant Decline in Short Interest

HUHUTECH International Group Inc. (NASDAQ:HUHU) was the target of a significant drop in short interest in September. As of September 15th, there was short interest totaling 13,218 shares, a drop of 60.1% from the August 31st total of 33,164 shares. Based on an average trading volume of 26,766 shares, the short-interest ratio is presently 0.5 days. Currently, 0.1% of the company’s stock are short sold.

Analyst Ratings Changes

Separately, Weiss Ratings raised HUHUTECH International Group from a “sell (e+)” rating to a “sell (d-)” rating in a report on Monday, September 21st. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock has an average rating of “Sell”.

HUHUTECH International Group Trading Up 6.3%

Shares of HUHU stock traded up $0.34 on Monday, hitting $5.64. 74,555 shares of the stock traded hands, compared to its average volume of 44,019. HUHUTECH International Group has a twelve month low of $3.71 and a twelve month high of $12.20. The company has a current ratio of 1.31, a quick ratio of 1.26 and a debt-to-equity ratio of 0.24. The firm’s 50-day moving average price is $4.93 and its two-hundred day moving average price is $7.41.

HUHUTECH International Group (NASDAQ:HUHU) last released its quarterly earnings data on Wednesday, September 23rd. The company reported ($0.34) EPS for the quarter. The firm had revenue of $5.33 million during the quarter.

About HUHUTECH International Group

HUHUTECH International Group, Inc designs and provides customized high-purity gas and chemical production system and equipment. The company was founded by Yu Jun Xiao on July 8, 2021 and is headquartered in Wuxi City, China.