Quhuo Limited (NASDAQ:QH) Sees Significant Decline in Short Interest

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

Quhuo Stock Down 2.0 %

NASDAQ QH traded down $0.03 during trading hours on Friday, reaching $1.44. 17,303 shares of the company’s stock were exchanged, compared to its average volume of 2,620,223. The firm has a fifty day moving average of $1.02 and a 200-day moving average of $0.68. Quhuo has a one year low of $0.25 and a one year high of $2.27.

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.