Able View Global Inc. (NASDAQ:ABLV) Sees Large Increase in Short Interest

Able View Global Inc. (NASDAQ:ABLV) was the target of a significant increase in short interest in December. As of December 15th, there was short interest totalling 34,600 shares, an increase of 33.6% from the November 30th total of 25,900 shares. Based on an average daily volume of 15,200 shares, the days-to-cover ratio is presently 2.3 days. Currently, 0.7% of the company’s stock are short sold.

Able View Global Price Performance

Shares of NASDAQ ABLV traded down $0.11 on Monday, reaching $0.63. 444 shares of the company’s stock traded hands, compared to its average volume of 40,383. The business’s 50 day simple moving average is $0.82 and its two-hundred day simple moving average is $1.04. Able View Global has a 12 month low of $0.55 and a 12 month high of $3.94.

About Able View Global

Able View Global Inc operates as brand management partners of beauty and personal care brands in China. Its brand management services encompass various segments of the brand management value chain, including strategy, branding, digital and social marketing, omni-channel sales, customer services, overseas logistics, and warehouse and fulfilment.