Quhuo Limited (NASDAQ:QH) Sees Large Decrease in Short Interest

Quhuo Limited (NASDAQ:QH) was the recipient of a significant decrease in short interest in October. As of October 15th, there was short interest totalling 131,900 shares, a decrease of 67.9% from the September 30th total of 410,600 shares. Based on an average trading volume of 7,850,000 shares, the short-interest ratio is currently 0.0 days.

Quhuo Stock Performance

Quhuo stock traded down $0.08 during mid-day trading on Friday, reaching $1.39. The company’s stock had a trading volume of 99,166 shares, compared to its average volume of 2,620,643. Quhuo has a twelve month low of $0.25 and a twelve month high of $2.27. The business has a 50 day moving average price of $1.04 and a 200-day moving average price of $0.69.

About Quhuo

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.