Able View Global Inc. (NASDAQ:ABLV) Short Interest Update

Able View Global Inc. (NASDAQ:ABLV) saw a significant growth in short interest during the month of March. As of March 31st, there was short interest totalling 32,400 shares, a growth of 5.9% from the March 15th total of 30,600 shares. Currently, 0.6% of the company’s shares are short sold. Based on an average daily volume of 98,900 shares, the days-to-cover ratio is currently 0.3 days.

Hedge Funds Weigh In On Able View Global

Institutional investors have recently added to or reduced their stakes in the company. Shaolin Capital Management LLC purchased a new stake in shares of Able View Global in the 3rd quarter worth approximately $51,000. Walleye Trading LLC purchased a new position in shares of Able View Global in the third quarter worth $35,000. Finally, Walleye Capital LLC bought a new stake in Able View Global in the 3rd quarter worth about $62,000. Institutional investors own 78.53% of the company’s stock.

Able View Global Trading Down 3.6 %

NASDAQ:ABLV opened at $1.73 on Thursday. The firm’s fifty day simple moving average is $2.63 and its 200 day simple moving average is $2.65. Able View Global has a twelve month low of $1.60 and a twelve month high of $6.50.

About Able View Global

Able View Global Inc operates as brand management partners of beauty and personal care brands in China. Its brand management services encompass various segments of the brand management value chain, including strategy, branding, digital and social marketing, omni-channel sales, customer service, overseas logistics, warehouse, and fulfilment.