Haoxin Holdings Limited (NASDAQ:HXHX) Short Interest Down 90.2% in February

Haoxin Holdings Limited (NASDAQ:HXHX) saw a large decline in short interest during the month of February. As of February 27th, there was short interest totaling 94,905 shares, a decline of 90.2% from the February 12th total of 970,631 shares. Approximately 0.7% of the shares of the stock are sold short. Based on an average daily volume of 193,283 shares, the short-interest ratio is presently 0.5 days. Based on an average daily volume of 193,283 shares, the short-interest ratio is presently 0.5 days. Approximately 0.7% of the shares of the stock are sold short.

Hedge Funds Weigh In On Haoxin

An institutional investor recently bought a new position in Haoxin stock. Marex Group plc bought a new stake in shares of Haoxin Holdings Limited (NASDAQ:HXHX) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor 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 SEC filing.

Haoxin Trading Down 4.1%

NASDAQ:HXHX traded down $0.02 during trading hours on Thursday, reaching $0.44. 8,663 shares of the company’s stock were exchanged, compared to its average volume of 1,966,899. Haoxin has a 12 month low of $0.33 and a 12 month high of $6.29. The business’s 50-day simple moving average is $0.50 and its two-hundred day simple moving average is $0.77.

About Haoxin

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.