Hang Feng Technology Innovation Co., Ltd. (NASDAQ:FOFO) Short Interest Update

Hang Feng Technology Innovation Co., Ltd. (NASDAQ:FOFO) was the recipient of a large decrease in short interest during the month of June. As of June 15th, there was short interest totaling 29,983 shares, a decrease of 34.5% from the May 31st total of 45,783 shares. Currently, 0.4% of the shares of the stock are sold short. Based on an average trading volume of 904,280 shares, the short-interest ratio is currently 0.0 days.

Hang Feng Technology Innovation Price Performance

NASDAQ FOFO opened at $3.17 on Thursday. Hang Feng Technology Innovation has a fifty-two week low of $1.75 and a fifty-two week high of $68.00. The business has a fifty day moving average of $2.97. The company has a quick ratio of 32.94, a current ratio of 32.94 and a debt-to-equity ratio of 0.01.

Hang Feng Technology Innovation (NASDAQ:FOFO) last posted its quarterly earnings data on Thursday, April 16th. The company reported ($0.86) EPS for the quarter. The company had revenue of $0.50 million during the quarter.

Analyst Ratings Changes

A number of equities analysts have issued reports on FOFO shares. Wall Street Zen upgraded shares of Hang Feng Technology Innovation to a “hold” rating in a research report on Saturday, June 27th. Weiss Ratings upgraded shares of Hang Feng Technology Innovation from a “sell (e)” rating to a “sell (d-)” rating in a research report on Thursday, June 11th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company presently has a consensus rating of “Sell”.

About Hang Feng Technology Innovation

Hang Feng Technology Innovation Co, Ltd. is a company providing comprehensive corporate management consulting and asset management services. Hang Feng Technology Innovation Co, Ltd. is based in Hong Kong.