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

Able View Global Inc. (NASDAQ:ABLV) saw a significant increase in short interest in the month of December. As of December 15th, there was short interest totaling 169,669 shares, an increase of 248.7% from the November 30th total of 48,654 shares. Currently, 0.3% of the company’s shares are sold short. Based on an average daily trading volume, of 1,989,580 shares, the short-interest ratio is currently 0.1 days. Based on an average daily trading volume, of 1,989,580 shares, the short-interest ratio is currently 0.1 days. Currently, 0.3% of the company’s shares are sold short.

Able View Global Stock Performance

Shares of NASDAQ ABLV opened at $0.66 on Friday. The business’s fifty day moving average price is $0.81 and its 200-day moving average price is $0.91. Able View Global has a one year low of $0.59 and a one year high of $1.77. The company has a quick ratio of 1.07, a current ratio of 1.44 and a debt-to-equity ratio of 0.23.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Able View Global in a research note on Monday, December 15th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company presently has a consensus rating of “Sell”.

Able View Global Company Profile

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 services, overseas logistics, and warehouse and fulfilment. The company was incorporated in 2021 and is based in Shanghai, China.