Fresh2 Group Limited (NASDAQ:FRES) Short Interest Up 83.1% in November

Fresh2 Group Limited (NASDAQ:FRES) was the target of a significant increase in short interest in the month of November. As of November 15th, there was short interest totalling 11,900 shares, an increase of 83.1% from the October 31st total of 6,500 shares. Based on an average daily trading volume, of 44,400 shares, the short-interest ratio is currently 0.3 days.

Analysts Set New Price Targets

Separately, Canaccord Genuity Group upgraded Fresh2 Group to a “strong-buy” rating in a research report on Thursday, August 8th.

Fresh2 Group Price Performance

Shares of FRES traded up $0.24 during trading hours on Thursday, reaching $1.31. 12,067 shares of the company’s stock traded hands, compared to its average volume of 26,008. The business’s fifty day simple moving average is $1.44 and its two-hundred day simple moving average is $2.33. Fresh2 Group has a twelve month low of $0.85 and a twelve month high of $12.75.

Fresh2 Group Company Profile

Fresh2 Group Limited, a biotechnology company, researches, develops, markets, and sells multi-cancer screening and detection tests using cancer differentiation analysis technology and device to corporations and life insurance companies in the People’s Republic of China. It also offers physical checkup packages, as well as technology services comprising market research, designing, coding, developing, testing, etc.