Short Interest in Hudson Global, Inc. (NASDAQ:HSON) Drops By 10.9%

Hudson Global, Inc. (NASDAQ:HSON) was the target of a significant drop in short interest in the month of December. As of December 31st, there was short interest totalling 4,900 shares, a drop of 10.9% from the December 15th total of 5,500 shares. Based on an average trading volume of 12,000 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.2% of the shares of the company are short sold.

Wall Street Analyst Weigh In

Separately, StockNews.com began coverage on Hudson Global in a report on Monday, January 13th. They set a “hold” rating on the stock.

Hudson Global Stock Down 4.2 %

Hudson Global stock traded down $0.55 during mid-day trading on Friday, reaching $12.58. 1,364 shares of the company’s stock were exchanged, compared to its average volume of 3,005. The business’s fifty day simple moving average is $13.99 and its 200 day simple moving average is $15.79. The firm has a market capitalization of $34.34 million, a PE ratio of -10.94, a P/E/G ratio of 0.42 and a beta of 0.59. Hudson Global has a one year low of $11.73 and a one year high of $19.70.

Hudson Global Company Profile

Hudson Global, Inc provides talent solutions for mid-to-large-cap multinational companies and government agencies under the Hudson RPO brand in the Americas, the Asia Pacific, and Europe. It offers recruitment process outsourcing (RPO) services, such as recruitment outsourcing, project-based outsourcing, contingent workforce solutions, and recruitment consulting for clients' permanent staff hires; and RPO contracting services, including outsourced professional contract staffing and managed services.