Akso Health Group (NASDAQ:AHG) Sees Significant Growth in Short Interest

Akso Health Group (NASDAQ:AHG - Get Free Report) was the target of a large growth in short interest in the month of January. As of January 15th, there was short interest totalling 190,700 shares, a growth of 1,091.9% from the December 31st total of 16,000 shares. Based on an average daily volume of 186,600 shares, the days-to-cover ratio is presently 1.0 days.

Akso Health Group Trading Down 5.2 %

NASDAQ:AHG traded down $0.07 during mid-day trading on Friday, hitting $1.28. The stock had a trading volume of 9,979 shares, compared to its average volume of 32,379. The company has a 50 day simple moving average of $1.19 and a 200-day simple moving average of $1.06. Akso Health Group has a 52 week low of $0.60 and a 52 week high of $2.90.

Institutional Investors Weigh In On Akso Health Group

A hedge fund recently raised its stake in Akso Health Group stock. Catalina Capital Group LLC lifted its stake in Akso Health Group (NASDAQ:AHG - Free Report) by 108.1% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 31,937 shares of the company's stock after purchasing an additional 16,588 shares during the quarter. Catalina Capital Group LLC's holdings in Akso Health Group were worth $43,000 as of its most recent filing with the Securities & Exchange Commission. Institutional investors and hedge funds own 1.21% of the company's stock.

Akso Health Group Company Profile

Akso Health Group operates a social e-commerce mobile platform in China. The company operates Xiaobai Maimai App, which offers food and beverage products, wine, cosmetic products, fashion and apparel, entertainment products, housewares, home appliances, and cost-saving promotions at petrol gas stations.