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

Quhuo Limited (NASDAQ:QH) saw a significant decline in short interest in December. As of December 31st, there was short interest totalling 28,100 shares, a decline of 14.3% from the December 15th total of 32,800 shares. Based on an average daily trading volume, of 73,800 shares, the short-interest ratio is currently 0.4 days.

Quhuo Trading Up 1.5 %

NASDAQ:QH opened at $1.35 on Friday. Quhuo has a 12 month low of $0.25 and a 12 month high of $2.27. The business’s 50-day moving average is $1.39 and its 200 day moving average is $1.03.

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.