Kuaishou Technology (OTCMKTS:KUASF) Sees Significant Drop in Short Interest

Kuaishou Technology (OTCMKTS:KUASF) saw a significant drop in short interest in the month of September. As of September 30th, there was short interest totalling 25,605,900 shares, a drop of 7.5% from the September 15th total of 27,672,800 shares. Based on an average daily trading volume, of 3,100 shares, the short-interest ratio is currently 8,260.0 days.

Kuaishou Technology Price Performance

Shares of KUASF stock opened at $7.53 on Wednesday. The business has a 50-day moving average price of $5.78 and a two-hundred day moving average price of $6.30. Kuaishou Technology has a 12-month low of $4.68 and a 12-month high of $8.08.

Kuaishou Technology Company Profile

Kuaishou Technology, an investment holding company, provides live streaming, online marketing, and other services mainly in the People's Republic of China. It offers Kuaishou Flagship, a short video and content based social networking platform; Kuaishou Express; Kuaishou Concept; Yitian Camera, an app to create photographs, videos, and vlogs; Kmovie, a shooting, editing, and production tool; and AcFun, a video sharing website.