Hanryu Holdings, Inc. (NASDAQ:HRYU) Sees Large Drop in Short Interest

Hanryu Holdings, Inc. (NASDAQ:HRYU) saw a significant decrease in short interest in the month of November. As of November 30th, there was short interest totalling 64,800 shares, a decrease of 79.4% from the November 15th total of 314,600 shares. Based on an average trading volume of 3,420,000 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.2% of the shares of the company are short sold.

Hanryu Price Performance

Shares of NASDAQ:HRYU traded down $0.02 during trading on Thursday, hitting $0.25. The company’s stock had a trading volume of 255,507 shares, compared to its average volume of 1,157,312. The company has a 50-day moving average of $0.24 and a 200-day moving average of $0.26. Hanryu has a 12 month low of $0.17 and a 12 month high of $1.50.

Hanryu (NASDAQ:HRYU) last released its quarterly earnings results on Monday, September 30th. The company reported ($0.02) earnings per share for the quarter.

About Hanryu

Hanryu Holdings, Inc operates FANTOO, an online social media platform that connects users worldwide that share similar interests. Its platform allows users to interact with other like-minded users to share their appreciation of various types of entertainment and cultures, create and monetize their content, enjoy other users content, engage in commerce, and experience a fandom community.