Haoxin Holdings Limited (NASDAQ:HXHX) Short Interest Update

Haoxin Holdings Limited (NASDAQ:HXHX) saw a large drop in short interest in December. As of December 15th, there was short interest totaling 14,310 shares, a drop of 60.6% from the November 30th total of 36,352 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily volume of 39,830 shares, the short-interest ratio is currently 0.4 days. Based on an average daily volume of 39,830 shares, the short-interest ratio is currently 0.4 days. Currently, 0.1% of the shares of the stock are sold short.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Haoxin stock. Marex Group plc purchased a new position in shares of Haoxin Holdings Limited (NASDAQ:HXHX) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 27,871 shares of the company’s stock, valued at approximately $43,000. Marex Group plc owned 0.20% of Haoxin at the end of the most recent reporting period.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “sell (e)” rating on shares of Haoxin in a research note on Tuesday, October 14th. One analyst has rated the stock with a Sell rating, According to MarketBeat, the stock has a consensus rating of “Sell”.

Haoxin Stock Performance

NASDAQ HXHX traded down $0.00 during midday trading on Friday, hitting $0.87. The company had a trading volume of 897,660 shares, compared to its average volume of 16,830,646. Haoxin has a fifty-two week low of $0.33 and a fifty-two week high of $6.29. The firm has a fifty day simple moving average of $0.70 and a two-hundred day simple moving average of $1.09.

About Haoxin

We are a provider of temperature-controlled truckload service and urban delivery services in China with over 21 years of experience in the transportation industry. We started our urban delivery service business in 2003 and started expanding our business into temperature-controlled truckload service in 2016. We currently conduct all of our operations through our subsidiaries, Ningbo Haoxin, Zhejiang Haoxin, Longanda and Haiyue, and have experienced a steady growth in our business in recent years. The goods we take charge of transporting focus on factory logistics, which include electronic devices, chemicals, fruit, food and commercial goods.