BIMI Holdings Inc. (NASDAQ:BIMI) Sees Large Decrease in Short Interest

BIMI Holdings Inc. (NASDAQ:BIMI) was the target of a large drop in short interest in the month of July. As of July 15th, there was short interest totalling 2,700 shares, a drop of 83.8% from the June 30th total of 16,700 shares. Based on an average daily trading volume, of 94,600 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the shares of the stock are short sold.

BIMI Trading Down 4.1 %

BIMI traded down $0.06 during trading on Thursday, hitting $1.30. The company’s stock had a trading volume of 17,049 shares, compared to its average volume of 67,479. The firm’s 50 day moving average price is $1.33 and its two-hundred day moving average price is $1.92. BIMI has a 12 month low of $1.01 and a 12 month high of $4.13.

BIMI Company Profile

BIMI Holdings Inc, together with its subsidiaries, engages in the retail and wholesale distribution of medical devices, and pharmaceutical and other healthcare products in the People's Republic of China. The company operates in four segments: Wholesale Pharmaceuticals, Wholesale Medical Devices, Medical Services, and Retail Pharmacies.