Able View Global Inc. (NASDAQ:ABLV) Short Interest Update

Able View Global Inc. (NASDAQ:ABLV) was the recipient of a large growth in short interest in April. As of April 15th, there was short interest totalling 91,300 shares, a growth of 181.8% from the March 31st total of 32,400 shares. Currently, 1.7% of the company’s shares are sold short. Based on an average daily trading volume, of 98,200 shares, the short-interest ratio is presently 0.9 days.

Able View Global Stock Performance

Able View Global stock opened at $1.59 on Friday. Able View Global has a 52-week low of $1.55 and a 52-week high of $6.50. The stock’s 50 day moving average price is $2.49 and its two-hundred day moving average price is $2.58.

Hedge Funds Weigh In On Able View Global

A hedge fund recently bought a new stake in Able View Global stock. Shaolin Capital Management LLC bought a new position in Able View Global Inc. (NASDAQ:ABLV) during the third quarter, according to its most recent filing with the SEC. The firm bought 15,000 shares of the company’s stock, valued at approximately $51,000. 78.53% of the stock is currently owned by institutional investors and hedge funds.

About Able View Global

Able View Global Inc operates as brand management partners of beauty and personal care brands in China. Its brand management services encompass various segments of the brand management value chain, including strategy, branding, digital and social marketing, omni-channel sales, customer service, overseas logistics, warehouse, and fulfilment.