Meihua International Medical Technologies Co., Ltd. (NASDAQ:MHUA – Get Free Report) was the recipient of a significant drop in short interest in the month of June. As of June 30th, there was short interest totalling 33,100 shares, a drop of 64.0% from the June 15th total of 92,000 shares. Based on an average daily trading volume, of 77,900 shares, the short-interest ratio is presently 0.4 days. Approximately 0.4% of the company’s shares are short sold.
Institutional Trading of Meihua International Medical Technologies
An institutional investor recently bought a new position in Meihua International Medical Technologies stock. Anson Funds Management LP acquired a new position in Meihua International Medical Technologies Co., Ltd. (NASDAQ:MHUA – Free Report) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 370,949 shares of the company’s stock, valued at approximately $274,000. Anson Funds Management LP owned 1.48% of Meihua International Medical Technologies at the end of the most recent reporting period. Hedge funds and other institutional investors own 1.17% of the company’s stock.
Meihua International Medical Technologies Stock Down 3.5 %
NASDAQ:MHUA traded down $0.03 during trading hours on Thursday, hitting $0.94. The stock had a trading volume of 9,639 shares, compared to its average volume of 264,050. Meihua International Medical Technologies has a 1-year low of $0.60 and a 1-year high of $3.99. The business has a 50 day simple moving average of $0.77 and a two-hundred day simple moving average of $0.86.
About Meihua International Medical Technologies
Meihua International Medical Technologies Co, Ltd. engages in the manufacture, sells, and marketing of medical consumables in the People's Republic of China. The company offers class I, II, and III disposable medical devices. Its products include non-bottled products, such as brushes and ID bracelets; and polyethylene bottled products, such as eye drop and tablet bottles, as well as electronic pumps.
Further Reading
- Five stocks we like better than Meihua International Medical Technologies
- How to Use High Beta Stocks to Maximize Your Investing Profits
- Sales Breakout Sends This Semiconductor Stock to Record High
- Russell 2000 Index, How Investors Use it For Profitable Trading
- Surprise Buying Opportunity on This Dividend Aristocrat
- Investing in Commodities: What Are They? How to Invest in Them
- New Theme Park Powerhouse: Merger Creates Industry-Leading Stock
Receive News & Ratings for Meihua International Medical Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Meihua International Medical Technologies and related companies with MarketBeat.com's FREE daily email newsletter.
