Alset EHome International Inc. (NASDAQ:AEI) was the recipient of a significant decrease in short interest during the month of August. As of August 31st, there was short interest totalling 462,200 shares, a decrease of 40.2% from the August 15th total of 773,300 shares. Approximately 2.8% of the company’s stock are short sold. Based on an average daily volume of 6,140,000 shares, the short-interest ratio is currently 0.1 days.
Large investors have recently added to or reduced their stakes in the business. California State Teachers Retirement System bought a new position in Alset EHome International during the 1st quarter worth approximately $38,000. Morgan Stanley bought a new position in Alset EHome International during the 1st quarter worth approximately $67,000. JPMorgan Chase & Co. bought a new position in Alset EHome International during the 1st quarter worth approximately $77,000. XTX Topco Ltd bought a new position in Alset EHome International during the 2nd quarter worth approximately $73,000. Finally, Northern Trust Corp bought a new position in Alset EHome International during the 1st quarter worth approximately $192,000. 4.93% of the stock is currently owned by institutional investors.
Shares of AEI opened at $3.05 on Friday. Alset EHome International has a one year low of $1.65 and a one year high of $29.49. The stock has a 50-day moving average price of $2.82 and a 200 day moving average price of $6.08.
Alset EHome International Inc, through its subsidiaries, engages in property development, digital transformation technology, and biohealth activities in the United States, Singapore, Hong Kong, Australia, and South Korea. The company engages in the land development, home building, sales and rental, and property management businesses.
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