Quhuo Limited (NASDAQ:QH) Sees Significant Decline in Short Interest

Quhuo Limited (NASDAQ:QH) was the target of a significant decline in short interest in the month of December. As of December 31st, there was short interest totalling 28,100 shares, a decline of 14.3% from the December 15th total of 32,800 shares. Based on an average daily volume of 73,800 shares, the short-interest ratio is currently 0.4 days.

Quhuo Stock Up 1.5 %

NASDAQ QH opened at $1.35 on Friday. The business has a 50-day moving average price of $1.39 and a 200-day moving average price of $1.03. Quhuo has a twelve month low of $0.25 and a twelve month high of $2.27.

About Quhuo

Quhuo Limited, through its subsidiaries, operates a gig economy platform in the People’s Republic of China. The company offers on-demand delivery solutions focusing on preparing food and deliver of other items, such as grocery and fresh food; and mobility services solutions comprise ride-hailing solutions, shared-bike maintenance, freight service, and vehicle export solutions.