Boqii Holding Limited Sponsored ADR (NYSEAMERICAN:BQ) Stock Short Interest Falls 36.4%

Boqii Holding Limited Sponsored ADR (NYSEAMERICAN:BQ) was the target of a significant decrease in short interest in September. As of September 15th, there was short interest totaling 50,199 shares, a decrease of 36.4% from the August 31st total of 78,952 shares. Currently, 2.3% of the company’s stock are sold short. Based on an average daily volume of 67,813 shares, the days-to-cover ratio is presently 0.7 days.

Boqii Stock Performance

BQ stock opened at $0.80 on Friday. The firm has a 50 day simple moving average of $0.88 and a 200 day simple moving average of $0.85. Boqii has a 52 week low of $0.65 and a 52 week high of $56.10.

Boqii (NYSEAMERICAN:BQ) last released its quarterly earnings data on Monday, July 13th. The company reported ($15.79) earnings per share for the quarter. The business had revenue of $15.89 million for the quarter.

Boqii Company Profile

Boqii Holding Limited is a China-based pet-focused company that provides products, services and content for pet owners. Its offerings have included pet food, treats, supplies, toys and other care products for dogs, cats and other companion animals.

The company has operated an online retail platform, commonly known as Boqii Mall, alongside pet-related content and community services. Its business model has also included offline and other omnichannel activities intended to connect consumers with pet products, veterinary care, grooming and related services through its broader pet ecosystem.

Founded in 2008, Boqii serves the growing companion-animal market in China.