Haoxin Holdings Limited (NASDAQ:HXHX) Short Interest Update

Haoxin Holdings Limited (NASDAQ:HXHX) saw a significant decrease in short interest in June. As of June 30th, there was short interest totaling 87,367 shares, a decrease of 43.7% from the June 15th total of 155,148 shares. Based on an average trading volume of 1,655,223 shares, the short-interest ratio is presently 0.1 days. Approximately 0.7% of the company’s shares are short sold.

Analyst Ratings Changes

Separately, Weiss Ratings upgraded shares of Haoxin from a “sell (d-)” rating to a “sell (d)” rating in a report on Friday, May 1st. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock presently has an average rating of “Sell”.

Haoxin Trading Down 0.1%

Shares of NASDAQ HXHX traded down $0.00 on Thursday, hitting $0.58. The company had a trading volume of 37,388 shares, compared to its average volume of 1,760,527. The company has a debt-to-equity ratio of 0.12, a current ratio of 2.37 and a quick ratio of 2.37. Haoxin has a 12-month low of $0.32 and a 12-month high of $1.84. The business has a 50 day moving average of $0.48 and a two-hundred day moving average of $0.51.

Haoxin (NASDAQ:HXHX) last announced its earnings results on Thursday, April 30th. The company reported $0.08 EPS for the quarter. The company had revenue of $7.60 million for the quarter.

Institutional Trading of Haoxin

An institutional investor recently bought a new stake in Haoxin stock. Marex Group plc bought a new position in shares of Haoxin Holdings Limited (NASDAQ:HXHX) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 27,871 shares of the company’s stock, valued at approximately $43,000. Marex Group plc owned approximately 0.20% of Haoxin at the end of the most recent quarter.

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.