Akso Health Group (NASDAQ:AHG) Sees Large Growth in Short Interest

Akso Health Group (NASDAQ:AHG) was the target of a large increase in short interest in January. As of January 15th, there was short interest totalling 190,700 shares, an increase of 1,091.9% from the December 31st total of 16,000 shares. Based on an average trading volume of 186,600 shares, the days-to-cover ratio is presently 1.0 days.

Akso Health Group Trading Down 6.2 %

Shares of NASDAQ:AHG traded down $0.08 on Tuesday, hitting $1.21. 8,829 shares of the company’s stock were exchanged, compared to its average volume of 36,272. Akso Health Group has a 1-year low of $0.60 and a 1-year high of $2.90. The firm’s 50-day moving average is $1.17 and its 200 day moving average is $1.06.

Institutional Trading of Akso Health Group

A hedge fund recently raised its stake in Akso Health Group stock. Catalina Capital Group LLC raised its stake in shares of Akso Health Group (NASDAQ:AHG) by 108.1% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 31,937 shares of the company’s stock after acquiring an additional 16,588 shares during the period. Catalina Capital Group LLC’s holdings in Akso Health Group were worth $43,000 as of its most recent SEC filing. Institutional investors and hedge funds own 1.21% of the company’s stock.

About Akso Health Group

Akso Health Group operates a social e-commerce mobile platform in China. The company operates Xiaobai Maimai App, which offers food and beverage products, wine, cosmetic products, fashion and apparel, entertainment products, housewares, home appliances, and cost-saving promotions at petrol gas stations.