Acorn International, Inc. (NYSE:ATV) Sees Significant Drop in Short Interest

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Acorn International, Inc. (NYSE:ATV) was the target of a significant decline in short interest in December. As of December 31st, there was short interest totalling 100 shares, a decline of 83.3% from the December 15th total of 600 shares. Based on an average trading volume of 5,900 shares, the short-interest ratio is presently 0.0 days.

NYSE:ATV traded up $0.10 during trading hours on Wednesday, hitting $20.77. The company had a trading volume of 1,412 shares, compared to its average volume of 2,877. The stock has a 50-day moving average price of $20.70 and a 200 day moving average price of $17.64. Acorn International has a 52 week low of $7.96 and a 52 week high of $21.20.

Acorn International Company Profile

Acorn International, Inc, an integrated multi-platform marketing company, develops, promotes, and sells a portfolio of proprietary-branded products in the People's Republic of China. The company operates through two segments, Direct Sales and Distribution Sales. Its direct sales business platform markets and sells products directly to consumers through its Internet/e-commerce sales platform, and outbound marketing platform.

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