Fujian Blue Hat Interactive Entertainment Technology Ltd. (NASDAQ:BHAT – Get Free Report) was the recipient of a significant growth in short interest during the month of February. As of February 28th, there was short interest totalling 14,290,000 shares, a growth of 303.7% from the February 13th total of 3,540,000 shares. Based on an average trading volume of 102,240,000 shares, the short-interest ratio is currently 0.1 days. Currently, 11.4% of the shares of the stock are sold short.
Fujian Blue Hat Interactive Entertainment Technology Stock Down 13.7 %
NASDAQ BHAT opened at $0.03 on Friday. Fujian Blue Hat Interactive Entertainment Technology has a one year low of $0.02 and a one year high of $1.45. The business has a fifty day moving average price of $0.06 and a 200 day moving average price of $0.19. The company has a debt-to-equity ratio of 0.02, a current ratio of 5.88 and a quick ratio of 5.06.
Fujian Blue Hat Interactive Entertainment Technology shares are going to reverse split before the market opens on Monday, March 17th. The 1-100 reverse split was announced on Wednesday, March 12th. The number of shares owned by shareholders will be adjusted after the market closes on Friday, March 14th.
About Fujian Blue Hat Interactive Entertainment Technology
Fujian Blue Hat Interactive Entertainment Technology Ltd. designs, produces, promotes, and sells animated toys with mobile games features, intellectual property, and peripheral derivatives features worldwide. It offers AR Racer, a car-racing mobile game; AR Crazy Bug, a combat game played using a ladybug-shaped electronic toy; AR 3D Magic Box, which uses AR recognition technology to allow children to draw shapes or objects onto a physical card while the mobile game captures the drawings and animates them onto a set background; AR Dinosaur, an educational toy; and AR Shake Bouncing Bubble, which helps children to improve concentration and reaction, as well as Talking Tom and Friends' Bouncing Bubble.
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