Sentage Holdings Inc. (NASDAQ:SNTG) Sees Large Decrease in Short Interest

Sentage Holdings Inc. (NASDAQ:SNTG) saw a large decrease in short interest in October. As of October 15th, there was short interest totaling 4,964 shares, a decrease of 44.9% from the September 30th total of 9,015 shares. Approximately 0.5% of the company’s stock are short sold. Based on an average daily volume of 5,577 shares, the days-to-cover ratio is currently 0.9 days.

Sentage Price Performance

SNTG stock traded down $0.06 during mid-day trading on Friday, reaching $1.65. 23,846 shares of the company traded hands, compared to its average volume of 5,507. Sentage has a fifty-two week low of $1.58 and a fifty-two week high of $2.86. The firm’s 50 day moving average price is $1.73 and its 200 day moving average price is $1.96.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Sentage in a research report on Friday, September 25th. One analyst has rated the stock with a Sell rating. According to MarketBeat.com, the company currently has an average rating of “Sell”.

Sentage Company Profile

Sentage Holdings Inc (NASDAQ:SNTG) is a financial services company that operates primarily in China through its subsidiaries. The company focuses on providing services related to consumer finance and the management and recovery of outstanding loans.

Its business activities have included debt collection services for financial institutions, consumer finance companies and online lending platforms. Sentage has also provided loan facilitation services, helping connect borrowers with financial service providers, as well as related post-loan management and consumer finance solutions.

Sentage was established in 2014 and became a publicly traded company on the Nasdaq.