SOS Limited (NYSE:SOS) Short Interest Update

SOS Limited (NYSE:SOS) was the target of a significant drop in short interest in the month of February. As of February 15th, there was short interest totalling 184,900 shares, a drop of 17.4% from the January 31st total of 223,900 shares. Based on an average daily trading volume, of 163,500 shares, the short-interest ratio is currently 1.1 days.

Institutional Trading of SOS

A hedge fund recently bought a new stake in SOS stock. State Street Corp purchased a new position in SOS Limited (NYSE:SOS) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 61,556 shares of the company’s stock, valued at approximately $49,000. State Street Corp owned approximately 0.45% of SOS as of its most recent SEC filing. Hedge funds and other institutional investors own 1.92% of the company’s stock.

SOS Price Performance

SOS traded up $0.23 during mid-day trading on Wednesday, hitting $5.28. 3,796 shares of the stock were exchanged, compared to its average volume of 22,672. The firm’s fifty day moving average is $6.64 and its two-hundred day moving average is $10.07. SOS has a 1-year low of $4.85 and a 1-year high of $47.46.

About SOS

SOS Limited provides data mining and analysis services to corporate and individual members in the People's Republic of China. It provides marketing data, technology, and solutions for insurance companies; emergency rescue services; and insurance product and health care information portals. The company operates SOS cloud emergency rescue service software as a service platform that offers basic cloud products, such as medical rescue, auto rescue, financial rescue, and life rescue cards; cooperative cloud systems, including information rescue center, intelligent big data, and intelligent software and hardware; and information cloud systems, such as newsToday and E-commerce Today, 10086 hot-line center, information security services, and marketing-related data.