Akso Health Group (NASDAQ:AHG) Sees Large Growth in Short Interest

Akso Health Group (NASDAQ:AHG) saw a large growth in short interest in the month of January. As of January 15th, there was short interest totalling 190,700 shares, a growth of 1,091.9% from the December 31st total of 16,000 shares. Based on an average daily volume of 186,600 shares, the short-interest ratio is currently 1.0 days.

Akso Health Group Stock Performance

NASDAQ AHG traded down $0.08 on Tuesday, hitting $1.21. 8,829 shares of the company’s stock were exchanged, compared to its average volume of 36,272. The firm’s 50-day moving average price is $1.17 and its two-hundred day moving average price is $1.06. Akso Health Group has a fifty-two week low of $0.60 and a fifty-two week high of $2.90.

Hedge Funds Weigh In On Akso Health Group

A hedge fund recently raised its stake in Akso Health Group stock. Catalina Capital Group LLC lifted its position in shares of Akso Health Group (NASDAQ:AHG) by 108.1% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 31,937 shares of the company’s stock after buying an additional 16,588 shares during the quarter. Catalina Capital Group LLC’s holdings in Akso Health Group were worth $43,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 1.21% of the company’s stock.

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.