Meihua International Medical Technologies Co., Ltd. (NASDAQ:MHUA) Short Interest Update

Meihua International Medical Technologies Co., Ltd. (NASDAQ:MHUA) was the target of a large decline in short interest during the month of January. As of January 15th, there was short interest totalling 91,700 shares, a decline of 75.1% from the December 31st total of 368,500 shares. Currently, 0.9% of the shares of the stock are short sold. Based on an average trading volume of 923,200 shares, the days-to-cover ratio is currently 0.1 days.

Meihua International Medical Technologies Trading Down 3.1 %

Shares of NASDAQ MHUA traded down $0.01 during mid-day trading on Tuesday, hitting $0.32. 343,618 shares of the company traded hands, compared to its average volume of 331,560. Meihua International Medical Technologies has a 1 year low of $0.25 and a 1 year high of $1.47. The business has a 50 day moving average of $0.42 and a two-hundred day moving average of $0.69.

Institutional Investors Weigh In On Meihua International Medical Technologies

A hedge fund recently raised its stake in Meihua International Medical Technologies stock. Anson Funds Management LP raised its stake in Meihua International Medical Technologies Co., Ltd. (NASDAQ:MHUA) by 249.6% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 2,267,301 shares of the company’s stock after buying an additional 1,618,698 shares during the quarter. Anson Funds Management LP owned 9.04% of Meihua International Medical Technologies worth $2,313,000 at the end of the most recent reporting period. 1.17% of the stock is currently owned by institutional investors and hedge funds.

Meihua International Medical Technologies Company Profile

Meihua International Medical Technologies Co, Ltd. engages in the manufacture, sells, and marketing of medical consumables in the People's Republic of China. The company offers class I, II, and III disposable medical devices. Its products include non-bottled products, such as brushes and ID bracelets; and polyethylene bottled products, such as eye drop and tablet bottles, as well as electronic pumps.