Fresh2 Group Limited (NASDAQ:FRES) Sees Significant Growth in Short Interest

Fresh2 Group Limited (NASDAQ:FRES) was the target of a significant growth in short interest in the month of June. As of June 15th, there was short interest totalling 132,000 shares, a growth of 714.8% from the May 31st total of 16,200 shares. Based on an average daily trading volume, of 272,900 shares, the short-interest ratio is presently 0.5 days.

Fresh2 Group Stock Performance

Shares of NASDAQ FRES opened at $0.33 on Friday. The company’s 50 day simple moving average is $0.42 and its 200 day simple moving average is $0.48. Fresh2 Group has a fifty-two week low of $0.30 and a fifty-two week high of $4.45.

Fresh2 Group’s stock is going to reverse split before the market opens on Wednesday, July 10th. The 1-10 reverse split was announced on Wednesday, July 10th. The number of shares owned by shareholders will be adjusted after the market closes on Wednesday, July 10th.

Fresh2 Group Company Profile

Fresh2 Group Limited, a biotechnology company, researches, develops, markets, and sells multi-cancer screening and detection tests using cancer differentiation analysis technology and device to corporations and life insurance companies in the People's Republic of China. It also offers physical checkup packages, as well as technology services comprising market research, designing, coding, developing, testing, etc.