Quhuo Limited (NASDAQ:QH) Short Interest Down 65.0% in October

Quhuo Limited (NASDAQ:QH) saw a large decrease in short interest in October. As of October 31st, there was short interest totalling 46,200 shares, a decrease of 65.0% from the October 15th total of 131,900 shares. Based on an average daily trading volume, of 7,850,000 shares, the days-to-cover ratio is currently 0.0 days.

Quhuo Trading Down 2.3 %

QH stock traded down $0.03 during midday trading on Wednesday, reaching $1.30. 20,356 shares of the company’s stock traded hands, compared to its average volume of 2,468,464. The company has a 50-day simple moving average of $1.30 and a two-hundred day simple moving average of $0.76. Quhuo has a 1-year low of $0.25 and a 1-year high of $2.27.

About Quhuo

Quhuo Limited, through its subsidiaries, operates a gig economy platform in the People’s Republic of China. The company offers on-demand delivery solutions focusing on preparing food and deliver of other items, such as grocery and fresh food; and mobility services solutions comprise ride-hailing solutions, shared-bike maintenance, freight service, and vehicle export solutions.