Akso Health Group (NASDAQ:AHG) Sees Significant Decrease in Short Interest

Akso Health Group (NASDAQ:AHG) was the recipient of a significant decline in short interest during the month of February. As of February 28th, there was short interest totalling 50,700 shares, a decline of 20.4% from the February 13th total of 63,700 shares. Based on an average daily volume of 194,400 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.0% of the shares of the stock are sold short.

Akso Health Group Price Performance

Shares of Akso Health Group stock opened at $1.25 on Monday. The stock has a 50 day moving average of $1.33 and a 200 day moving average of $1.13. Akso Health Group has a 12 month low of $0.60 and a 12 month high of $2.35.

Institutional Trading of Akso Health Group

A hedge fund recently raised its stake in Akso Health Group stock. Catalina Capital Group LLC boosted its holdings in shares of Akso Health Group (NASDAQ:AHG) by 108.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 31,937 shares of the company’s stock after purchasing an additional 16,588 shares during the quarter. Catalina Capital Group LLC’s holdings in Akso Health Group were worth $43,000 as of its most recent SEC filing. Institutional investors and hedge funds own 1.21% of the company’s stock.

About Akso Health Group

Akso Health Group operates a social e-commerce mobile platform in China. The company operates Xiaobai Maimai App, which offers food and beverage products, wine, cosmetic products, fashion and apparel, entertainment products, housewares, home appliances, and cost-saving promotions at petrol gas stations.