Akso Health Group (NASDAQ:AHG) Sees Significant Decline in Short Interest

Akso Health Group (NASDAQ:AHG) was the target of a large drop in short interest in January. As of January 15th, there was short interest totalling 119,200 shares, a drop of 37.5% from the December 31st total of 190,700 shares. Based on an average daily volume of 188,300 shares, the days-to-cover ratio is presently 0.6 days.

Akso Health Group Price Performance

AHG stock opened at $1.35 on Friday. The company’s 50-day moving average price is $1.19 and its 200 day moving average price is $1.06. Akso Health Group has a 52 week low of $0.60 and a 52 week high of $2.90.

Institutional Investors Weigh In On Akso Health Group

An institutional investor recently raised its position in Akso Health Group stock. Catalina Capital Group LLC boosted its position in shares of Akso Health Group (NASDAQ:AHG) by 108.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 31,937 shares of the company’s stock after purchasing an additional 16,588 shares during the quarter. Catalina Capital Group LLC’s holdings in Akso Health Group were worth $43,000 at the end of the most recent reporting period. Institutional investors own 1.21% of the company’s stock.

About Akso Health Group

Akso Health Group operates a social e-commerce mobile platform in China. The company operates Xiaobai Maimai App, which offers food and beverage products, wine, cosmetic products, fashion and apparel, entertainment products, housewares, home appliances, and cost-saving promotions at petrol gas stations.