Short Interest in Haoxin Holdings Limited (NASDAQ:HXHX) Expands By 289.1%

Haoxin Holdings Limited (NASDAQ:HXHX) saw a significant growth in short interest in December. As of December 31st, there was short interest totaling 55,676 shares, a growth of 289.1% from the December 15th total of 14,310 shares. Based on an average daily volume of 30,530,388 shares, the short-interest ratio is currently 0.0 days. Currently, 0.4% of the company’s stock are sold short. Currently, 0.4% of the company’s stock are sold short. Based on an average daily volume of 30,530,388 shares, the short-interest ratio is currently 0.0 days.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “sell (e)” rating on shares of Haoxin in a research report on Tuesday, October 14th. One analyst has rated the stock with a Sell rating, According to MarketBeat, the stock presently has a consensus rating of “Sell”.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Haoxin stock. Marex Group plc bought a new position in Haoxin Holdings Limited (NASDAQ:HXHX) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 27,871 shares of the company’s stock, valued at approximately $43,000. Marex Group plc owned about 0.20% of Haoxin at the end of the most recent reporting period.

Haoxin Trading Down 3.2%

Shares of NASDAQ HXHX traded down $0.02 during mid-day trading on Tuesday, reaching $0.53. 107,975 shares of the company’s stock were exchanged, compared to its average volume of 1,215,284. The firm has a 50-day moving average price of $0.60 and a two-hundred day moving average price of $1.01. Haoxin has a 52 week low of $0.33 and a 52 week high of $6.29.

Haoxin Company Profile

We are a provider of temperature-controlled truckload service and urban delivery services in China with over 21 years of experience in the transportation industry. We started our urban delivery service business in 2003 and started expanding our business into temperature-controlled truckload service in 2016. We currently conduct all of our operations through our subsidiaries, Ningbo Haoxin, Zhejiang Haoxin, Longanda and Haiyue, and have experienced a steady growth in our business in recent years. The goods we take charge of transporting focus on factory logistics, which include electronic devices, chemicals, fruit, food and commercial goods.