Haoxin Holdings Limited (NASDAQ:HXHX – Get Free Report) was the recipient of a significant drop in short interest during the month of January. As of January 30th, there was short interest totaling 161,815 shares, a drop of 28.6% from the January 15th total of 226,501 shares. Based on an average trading volume of 142,032 shares, the short-interest ratio is currently 1.1 days. Currently, 1.2% of the shares of the company are sold short. Currently, 1.2% of the shares of the company are sold short. Based on an average trading volume of 142,032 shares, the short-interest ratio is currently 1.1 days.
Institutional Investors Weigh In On Haoxin
An institutional investor recently bought a new position in Haoxin stock. Marex Group plc bought a new stake in Haoxin Holdings Limited (NASDAQ:HXHX – Free Report) during the second quarter, according to its most recent 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 as of its most recent filing with the Securities & Exchange Commission.
Haoxin Stock Up 18.0%
NASDAQ:HXHX opened at $0.64 on Friday. The stock has a 50 day moving average of $0.54 and a 200-day moving average of $0.85. 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.
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