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

Able View Global Inc. (NASDAQ:ABLV) was the recipient of a significant increase in short interest during the month of December. As of December 31st, there was short interest totalling 38,600 shares, an increase of 11.6% from the December 15th total of 34,600 shares. Approximately 0.7% of the company’s shares are sold short. Based on an average daily trading volume, of 13,400 shares, the days-to-cover ratio is currently 2.9 days.

Able View Global Price Performance

Shares of NASDAQ ABLV opened at $1.09 on Monday. Able View Global has a fifty-two week low of $0.55 and a fifty-two week high of $3.17. The business’s 50 day moving average price is $0.82 and its 200-day moving average price is $1.03. The company has a current ratio of 2.11, a quick ratio of 1.41 and a debt-to-equity ratio of 0.49.

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.