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

Quhuo Limited (NASDAQ:QH) was the recipient of a significant decline in short interest in the month of October. As of October 31st, there was short interest totalling 46,200 shares, a decline of 65.0% from the October 15th total of 131,900 shares. Based on an average daily volume of 7,850,000 shares, the days-to-cover ratio is currently 0.0 days.

Quhuo Trading Down 2.3 %

QH traded down $0.03 during trading on Wednesday, hitting $1.30. The company had a trading volume of 20,356 shares, compared to its average volume of 2,468,464. Quhuo has a one year low of $0.25 and a one year high of $2.27. The firm’s 50-day moving average price is $1.30 and its 200 day moving average price is $0.76.

Quhuo Company Profile

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.