Short Interest in Fresh2 Group Limited (NASDAQ:FRES) Expands By 83.1%

Fresh2 Group Limited (NASDAQ:FRES) saw a large increase in short interest during the month of November. As of November 15th, there was short interest totalling 11,900 shares, an increase of 83.1% from the October 31st total of 6,500 shares. Based on an average daily trading volume, of 44,400 shares, the days-to-cover ratio is currently 0.3 days.

Analysts Set New Price Targets

Separately, Canaccord Genuity Group upgraded shares of Fresh2 Group to a “strong-buy” rating in a research note on Thursday, August 8th.

Fresh2 Group Stock Up 22.6 %

Shares of Fresh2 Group stock traded up $0.24 on Thursday, reaching $1.31. 12,067 shares of the company were exchanged, compared to its average volume of 26,008. Fresh2 Group has a 1-year low of $0.85 and a 1-year high of $12.75. The company’s 50-day moving average is $1.44 and its two-hundred day moving average is $2.33.

About Fresh2 Group

Fresh2 Group Limited, a biotechnology company, researches, develops, markets, and sells multi-cancer screening and detection tests using cancer differentiation analysis technology and device to corporations and life insurance companies in the People’s Republic of China. It also offers physical checkup packages, as well as technology services comprising market research, designing, coding, developing, testing, etc.