Blue Hat Interactive Entertainment Technology (NASDAQ:BHAT) Short Interest Update

Blue Hat Interactive Entertainment Technology (NASDAQ:BHAT) saw a significant decline in short interest during the month of March. As of March 13th, there was short interest totaling 69,990 shares, a decline of 97.9% from the February 26th total of 3,346,092 shares. Based on an average daily volume of 4,945,411 shares, the short-interest ratio is presently 0.0 days. Currently, 12.8% of the company’s stock are sold short. Currently, 12.8% of the company’s stock are sold short. Based on an average daily volume of 4,945,411 shares, the short-interest ratio is presently 0.0 days.

Blue Hat Interactive Entertainment Technology Price Performance

Blue Hat Interactive Entertainment Technology stock remained flat at $0.68 during midday trading on Tuesday. The stock’s fifty day moving average price is $24.78 and its two-hundred day moving average price is $57.68. The company has a quick ratio of 7.27, a current ratio of 23.03 and a debt-to-equity ratio of 0.01. Blue Hat Interactive Entertainment Technology has a 12-month low of $0.65 and a 12-month high of $197.00.

Institutional Investors Weigh In On Blue Hat Interactive Entertainment Technology

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Citadel Advisors LLC acquired a new position in shares of Blue Hat Interactive Entertainment Technology in the 3rd quarter valued at $45,000. HRT Financial LP acquired a new stake in Blue Hat Interactive Entertainment Technology during the 4th quarter worth about $38,000. Virtu Financial LLC acquired a new stake in Blue Hat Interactive Entertainment Technology during the 3rd quarter worth about $65,000. Finally, Susquehanna International Group LLP purchased a new stake in Blue Hat Interactive Entertainment Technology during the 3rd quarter valued at about $133,000. 1.94% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Blue Hat Interactive Entertainment Technology in a research report on Wednesday, January 21st. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Sell”.

About Blue Hat Interactive Entertainment Technology

Blue Hat Interactive Entertainment Technology Inc is a China-based provider of cloud-based virtual reality (VR) and augmented reality (AR) solutions for the entertainment, theme park and location-based industries. The company’s core offerings include a software-as-a-service platform that powers interactive VR arcades, immersive theaters and digital theme parks. Through its integrated system, Blue Hat delivers both hardware and software, enabling venue operators to manage content distribution, user access and real-time analytics via a centralized cloud infrastructure.

Blue Hat’s product suite spans VR headsets, motion-sensor equipment and proprietary interactive game titles.