Hanryu Holdings, Inc. (NASDAQ:HRYU) Sees Significant Increase in Short Interest

Hanryu Holdings, Inc. (NASDAQ:HRYUGet Free Report) saw a large increase in short interest in October. As of October 31st, there was short interest totalling 498,000 shares, an increase of 1,190.2% from the October 15th total of 38,600 shares. Currently, 1.4% of the shares of the stock are short sold. Based on an average daily volume of 3,310,000 shares, the short-interest ratio is presently 0.2 days.

Hanryu Stock Performance

HRYU opened at $0.23 on Wednesday. The company’s 50 day moving average is $0.23 and its 200-day moving average is $0.29. Hanryu has a 1-year low of $0.17 and a 1-year high of $1.50.

Hanryu (NASDAQ:HRYUGet Free Report) last posted its quarterly earnings results on Monday, September 30th. The company reported ($0.02) earnings per share for the quarter.

About Hanryu

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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.

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