Able View Global Inc. (NASDAQ:ABLV) Sees Significant Drop in Short Interest

Able View Global Inc. (NASDAQ:ABLV) was the recipient of a significant decline in short interest in the month of March. As of March 31st, there was short interest totalling 62,500 shares, a decline of 38.3% from the March 15th total of 101,300 shares. Based on an average trading volume of 143,900 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.9% of the shares of the company are short sold.

Able View Global Trading Up 2.3 %

Shares of ABLV stock opened at $1.07 on Friday. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.41 and a current ratio of 2.11. Able View Global has a 12-month low of $0.55 and a 12-month high of $1.98. The firm’s 50 day moving average is $0.96 and its 200 day moving average is $0.92.

About Able View Global

Able View Global Inc operates as brand management partners of beauty and personal care brands in China. Its brand management services encompass various segments of the brand management value chain, including strategy, branding, digital and social marketing, omni-channel sales, customer services, overseas logistics, and warehouse and fulfilment.