Able View Global Inc. (NASDAQ:ABLV) Short Interest Update

Able View Global Inc. (NASDAQ:ABLV) saw a significant growth in short interest during the month of April. As of April 15th, there was short interest totalling 91,300 shares, a growth of 181.8% from the March 31st total of 32,400 shares. Based on an average daily trading volume, of 98,200 shares, the short-interest ratio is presently 0.9 days. Currently, 1.7% of the company’s shares are short sold.

Able View Global Stock Performance

Shares of NASDAQ:ABLV opened at $1.67 on Friday. Able View Global has a 52-week low of $1.55 and a 52-week high of $6.50. The business has a fifty day moving average of $2.51 and a two-hundred day moving average of $2.59.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Able View Global stock. Shaolin Capital Management LLC bought a new position in shares of Able View Global Inc. (NASDAQ:ABLV) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 15,000 shares of the company’s stock, valued at approximately $51,000. Shaolin Capital Management LLC owned about 0.17% of Able View Global as of its most recent SEC filing. Hedge funds and other institutional investors own 78.53% of the company’s stock.

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 service, overseas logistics, warehouse, and fulfilment.