Haoxin Holdings Limited (NASDAQ:HXHX) Shares Shorted: Short Interest Up 538.4% in October

Haoxin Holdings Limited (NASDAQ:HXHX) was the recipient of a significant growth in short interest during the month of October. As of October 15th, there was short interest totaling 181,505 shares, a growth of 538.4% from the September 30th total of 28,430 shares. Based on an average trading volume of 5,607,756 shares, the days-to-cover ratio is presently 0.0 days. Currently, 1.5% of the company’s shares are short sold.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of Haoxin in a research report on Wednesday, July 29th. One equities research analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, the stock has an average rating of “Sell”.

Haoxin Price Performance

Shares of NASDAQ HXHX traded down $0.00 on Tuesday, hitting $0.18. The company had a trading volume of 27,503 shares, compared to its average volume of 1,760,305. Haoxin has a 12-month low of $0.18 and a 12-month high of $1.47. The business has a 50 day moving average of $0.40 and a two-hundred day moving average of $0.48.

Haoxin Company Profile

We are a provider of temperature-controlled truckload service and urban delivery services in China with over 21 years of experience in the transportation industry. We started our urban delivery service business in 2003 and started expanding our business into temperature-controlled truckload service in 2016. We currently conduct all of our operations through our subsidiaries, Ningbo Haoxin, Zhejiang Haoxin, Longanda and Haiyue, and have experienced a steady growth in our business in recent years. The goods we take charge of transporting focus on factory logistics, which include electronic devices, chemicals, fruit, food and commercial goods.