HUHUTECH International Group Inc. (NASDAQ:HUHU) Sees Large Decline in Short Interest
by Jessica Moore · The Cerbat GemHUHUTECH International Group Inc. (NASDAQ:HUHU – Get Free Report) saw a significant decline in short interest in December. As of December 15th, there was short interest totaling 5,079 shares, a decline of 21.7% from the November 30th total of 6,484 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 17,931 shares, the short-interest ratio is presently 0.3 days. Based on an average daily volume of 17,931 shares, the short-interest ratio is presently 0.3 days. Currently, 0.0% of the shares of the company are short sold.
Institutional Trading of HUHUTECH International Group
An institutional investor recently bought a new position in HUHUTECH International Group stock. Invesco Ltd. acquired a new stake in shares of HUHUTECH International Group Inc. (NASDAQ:HUHU – Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 16,630 shares of the company’s stock, valued at approximately $81,000. Invesco Ltd. owned about 0.08% of HUHUTECH International Group as of its most recent SEC filing.
HUHUTECH International Group Stock Down 5.8%
Shares of NASDAQ:HUHU traded down $0.64 during trading on Thursday, hitting $10.39. 1,231 shares of the company’s stock were exchanged, compared to its average volume of 12,321. The business’s 50-day simple moving average is $9.54 and its 200 day simple moving average is $7.37. HUHUTECH International Group has a 52-week low of $2.95 and a 52-week high of $12.20. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.20 and a current ratio of 1.28.
Analysts Set New Price Targets
Separately, Weiss Ratings reissued 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 MarketBeat, the stock currently has a consensus rating of “Sell”.
Read Our Latest Stock Report on HUHU
About HUHUTECH International Group
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.