Meihua International Medical Technologies Co., Ltd. (NASDAQ:MHUA) Short Interest Update

Meihua International Medical Technologies Co., Ltd. (NASDAQ:MHUA) was the recipient of a large decline in short interest in July. As of July 31st, there was short interest totalling 36,500 shares, a decline of 23.3% from the July 15th total of 47,600 shares. Based on an average daily volume of 1,090,000 shares, the short-interest ratio is presently 0.0 days. Approximately 0.4% of the company’s shares are short sold.

Institutional Investors Weigh In On Meihua International Medical Technologies

An institutional investor recently bought a new position in Meihua International Medical Technologies stock. Anson Funds Management LP acquired a new position in shares of Meihua International Medical Technologies Co., Ltd. (NASDAQ:MHUA) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 370,949 shares of the company’s stock, valued at approximately $274,000. Anson Funds Management LP owned approximately 1.48% of Meihua International Medical Technologies at the end of the most recent reporting period. 1.17% of the stock is currently owned by institutional investors.

Meihua International Medical Technologies Trading Down 2.7 %

Shares of MHUA traded down $0.02 during trading hours on Wednesday, reaching $0.65. 51,117 shares of the company traded hands, compared to its average volume of 649,670. The company’s fifty day moving average price is $0.86 and its two-hundred day moving average price is $0.79. Meihua International Medical Technologies has a 12 month low of $0.60 and a 12 month high of $3.79.

About Meihua International Medical Technologies

Meihua International Medical Technologies Co, Ltd. engages in the manufacture, sells, and marketing of medical consumables in the People's Republic of China. The company offers class I, II, and III disposable medical devices. Its products include non-bottled products, such as brushes and ID bracelets; and polyethylene bottled products, such as eye drop and tablet bottles, as well as electronic pumps.