Short Interest in Fujian Blue Hat Interactive Entertainment Technology Ltd. (NASDAQ:BHAT) Declines By 99.0%

Fujian Blue Hat Interactive Entertainment Technology Ltd. (NASDAQ:BHAT) saw a large decrease in short interest in the month of March. As of March 15th, there was short interest totalling 137,000 shares, a decrease of 99.0% from the February 28th total of 14,290,000 shares. Currently, 2.9% of the company’s shares are short sold. Based on an average trading volume of 1,170,000 shares, the days-to-cover ratio is presently 0.1 days.

Fujian Blue Hat Interactive Entertainment Technology Stock Performance

NASDAQ:BHAT opened at $1.87 on Friday. The business has a 50 day moving average price of $4.64 and a 200-day moving average price of $16.08. Fujian Blue Hat Interactive Entertainment Technology has a fifty-two week low of $1.69 and a fifty-two week high of $145.00. The company has a debt-to-equity ratio of 0.02, a current ratio of 5.88 and a quick ratio of 5.06.

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.