Haoxi Health Technology Limited (NASDAQ:HAO) Sees Significant Increase in Short Interest

Haoxi Health Technology Limited (NASDAQ:HAO) saw a significant growth in short interest in August. As of August 31st, there was short interest totaling 30,259 shares, a growth of 166.1% from the August 15th total of 11,372 shares. Based on an average trading volume of 455,866 shares, the short-interest ratio is currently 0.1 days. Currently, 8.2% of the shares of the company are short sold.

Haoxi Health Technology Stock Performance

Shares of HAO stock traded down $0.07 during trading hours on Monday, reaching $2.79. 22,447 shares of the company’s stock were exchanged, compared to its average volume of 149,157. Haoxi Health Technology has a 1 year low of $2.61 and a 1 year high of $4,352.00. The company’s 50 day moving average is $5.05 and its two-hundred day moving average is $1,026.52.

Analysts Set New Price Targets

A number of analysts have recently commented on HAO shares. Wall Street Zen cut Haoxi Health Technology from a “hold” rating to a “sell” rating in a research report on Sunday, August 23rd. Weiss Ratings reissued a “sell (d)” rating on shares of Haoxi Health Technology in a research report on Friday, July 17th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Haoxi Health Technology currently has an average rating of “Sell”.

About Haoxi Health Technology

Haoxi Health Technology Limited, through its subsidiaries, provides online marketing solutions in China. It offers online marketing solutions, including online short video marketing solutions to advertisers through its media partners; and customized marketing solutions by planning, producing, placing, and optimizing online ads to help advertisers acquire, convert, and retain consumers on various online media platforms. The company places its ads through mainstream online short video and social media platforms, such as Toutiao, Douyin, WeChat, and Sina Weibo.