Hudson Capital Inc. (NASDAQ:HUSN) saw a significant growth in short interest in the month of April. As of April 15th, there was short interest totalling 97,600 shares, a growth of 27.2% from the March 31st total of 76,700 shares. Approximately 9.9% of the company’s stock are short sold. Based on an average daily volume of 304,200 shares, the days-to-cover ratio is currently 0.3 days.
Shares of NASDAQ:HUSN traded up $0.11 during trading on Tuesday, reaching $2.72. 305,540 shares of the stock were exchanged, compared to its average volume of 286,264. Hudson Capital has a 1-year low of $1.70 and a 1-year high of $9.80. The stock has a fifty day moving average of $2.91 and a two-hundred day moving average of $3.03.
A hedge fund recently raised its stake in Hudson Capital stock. Virtu Financial LLC lifted its position in shares of Hudson Capital Inc. (NASDAQ:HUSN) by 9.6% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 57,986 shares of the company’s stock after purchasing an additional 5,068 shares during the quarter. Virtu Financial LLC owned 0.91% of Hudson Capital worth $210,000 at the end of the most recent reporting period. Institutional investors own 40.20% of the company’s stock.
Hudson Capital Inc, through its subsidiaries, provides financial advisory services to small-to-medium sized enterprises in the People's Republic of China. The company offers commercial payment advisory services, international corporate financing advisory services, intermediary bank loan advisory services, supply chain financing services, and factoring services.
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