Fujian Blue Hat Interactive Entertainment Technology Ltd. (NASDAQ:BHAT) Short Interest Up 554.8% in March

Fujian Blue Hat Interactive Entertainment Technology Ltd. (NASDAQ:BHAT) was the recipient of a large growth in short interest in March. As of March 31st, there was short interest totalling 897,100 shares, a growth of 554.8% from the March 15th total of 137,000 shares. Currently, 18.2% of the company’s stock are sold short. Based on an average daily trading volume, of 1,460,000 shares, the days-to-cover ratio is presently 0.6 days.

Fujian Blue Hat Interactive Entertainment Technology Trading Up 5.3 %

Shares of NASDAQ BHAT traded up $0.12 during midday trading on Wednesday, reaching $2.37. 50,598 shares of the company’s stock were exchanged, compared to its average volume of 394,439. Fujian Blue Hat Interactive Entertainment Technology has a 52-week low of $1.65 and a 52-week high of $145.00. The company has a quick ratio of 5.06, a current ratio of 5.88 and a debt-to-equity ratio of 0.02. The business’s fifty day moving average price is $3.66 and its two-hundred day moving average price is $12.60.

About Fujian Blue Hat Interactive Entertainment Technology

Fujian Blue Hat Interactive Entertainment Technology Ltd. designs, produces, promotes, and sells animated toys with mobile games features, intellectual property, and peripheral derivatives features worldwide. It offers AR Racer, a car-racing mobile game; AR Crazy Bug, a combat game played using a ladybug-shaped electronic toy; AR 3D Magic Box, which uses AR recognition technology to allow children to draw shapes or objects onto a physical card while the mobile game captures the drawings and animates them onto a set background; AR Dinosaur, an educational toy; and AR Shake Bouncing Bubble, which helps children to improve concentration and reaction, as well as Talking Tom and Friends' Bouncing Bubble.