Quhuo Limited (NASDAQ:QH) Sees Significant Drop in Short Interest

Quhuo Limited (NASDAQ:QH) was the target of a significant drop in short interest in the month of November. As of November 15th, there was short interest totalling 38,400 shares, a drop of 16.9% from the October 31st total of 46,200 shares. Based on an average daily volume of 7,800,000 shares, the days-to-cover ratio is presently 0.0 days.

Quhuo Price Performance

Shares of QH stock opened at $1.40 on Friday. The firm has a 50 day moving average of $1.41 and a two-hundred day moving average of $0.83. Quhuo has a 52 week low of $0.25 and a 52 week high of $2.27.

Quhuo Company Profile

Quhuo Limited, through its subsidiaries, operates a gig economy platform in the People’s Republic of China. The company offers on-demand delivery solutions focusing on preparing food and deliver of other items, such as grocery and fresh food; and mobility services solutions comprise ride-hailing solutions, shared-bike maintenance, freight service, and vehicle export solutions.