Hanryu Holdings, Inc. (NASDAQ:HRYU) Sees Significant Increase in Short Interest

Hanryu Holdings, Inc. (NASDAQ:HRYU) was the recipient of a large increase in short interest in the month of June. As of June 15th, there was short interest totalling 200,000 shares, an increase of 152.8% from the May 31st total of 79,100 shares. Based on an average daily trading volume, of 491,500 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.6% of the shares of the stock are short sold.

Hanryu Stock Performance

Shares of NASDAQ:HRYU traded down $0.01 during midday trading on Friday, hitting $0.24. The stock had a trading volume of 514,072 shares, compared to its average volume of 496,295. The company’s 50-day moving average price is $0.41 and its 200-day moving average price is $0.50. Hanryu has a fifty-two week low of $0.18 and a fifty-two week high of $9.50. The company has a debt-to-equity ratio of 0.06, a current ratio of 2.61 and a quick ratio of 2.61.

Hanryu Company Profile

Hanryu Holdings, Inc operates FANTOO, an online social media platform that connects users worldwide that share similar interests. Its platform allows users to interact with other like-minded users to share their appreciation of various types of entertainment and cultures, create and monetize their content, enjoy other users content, engage in commerce, and experience a fandom community.