Hanryu Holdings, Inc. (NASDAQ:HRYU) Sees Large Decline in Short Interest

Hanryu Holdings, Inc. (NASDAQ:HRYU) saw a significant drop in short interest in July. As of July 15th, there was short interest totalling 25,300 shares, a drop of 84.3% from the June 30th total of 161,300 shares. Based on an average trading volume of 286,400 shares, the short-interest ratio is presently 0.1 days. Currently, 0.1% of the company’s stock are sold short.

Hanryu Price Performance

Shares of HRYU traded up $0.00 on Friday, hitting $0.25. 56,761 shares of the stock traded hands, compared to its average volume of 365,842. The business has a 50 day simple moving average of $0.32 and a 200 day simple moving average of $0.42. Hanryu has a one year low of $0.18 and a one year high of $9.50.

Hanryu Company Profile

Hanryu Holdings, Inc operates FANTOO, an online social media platform that connects users worldwide that share similar interests. Its platform allows users to interact with other like-minded users to share their appreciation of various types of entertainment and cultures, create and monetize their content, enjoy other users content, engage in commerce, and experience a fandom community.