HUHUTECH International Group Inc. (NASDAQ:HUHU) Short Interest Update

by · The Markets Daily

HUHUTECH International Group Inc. (NASDAQ:HUHU – Get Free Report) was the recipient of a significant drop in short interest in December. As of December 15th, there was short interest totaling 5,079 shares, a drop of 21.7% from the November 30th total of 6,484 shares. Based on an average daily trading volume, of 17,931 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.0% of the company’s shares are short sold. Approximately 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 17,931 shares, the days-to-cover ratio is presently 0.3 days.

Hedge Funds Weigh In On HUHUTECH International Group

A hedge fund recently bought a new stake in HUHUTECH International Group stock. Invesco Ltd. bought a new position in shares of HUHUTECH International Group Inc. (NASDAQ:HUHU – Free Report) during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor bought 16,630 shares of the company’s stock, valued at approximately $81,000. Invesco Ltd. owned 0.08% of HUHUTECH International Group as of its most recent SEC filing.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of HUHUTECH International Group in a research note on Monday. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, HUHUTECH International Group has a consensus rating of “Sell”.

Get Our Latest Analysis on HUHUTECH International Group

HUHUTECH International Group Stock Down 5.8%

HUHU traded down $0.64 during trading hours on Wednesday, reaching $10.39. The company’s stock had a trading volume of 1,231 shares, compared to its average volume of 12,321. HUHUTECH International Group has a fifty-two week low of $2.95 and a fifty-two week high of $12.20. The company has a current ratio of 1.28, a quick ratio of 1.20 and a debt-to-equity ratio of 0.35. The business’s 50-day moving average is $9.54 and its 200-day moving average is $7.37.

About HUHUTECH International Group

(Get Free Report)

Huhutech International Group Inc (NASDAQ: HUHU) operates an online lending platform that connects borrowers and investors across the People’s Republic of China. The company focuses on providing unsecured consumer microloans as well as working capital loans to small and medium-sized enterprises. By leveraging internet channels, Huhutech streamlines loan origination, credit matching and fund disbursement, addressing financing gaps for under-served customers who may not meet traditional bank criteria.

The platform delivers end-to-end loan services, including borrower credit assessment, underwriting, loan servicing and repayment collection.

Read More