Fujian Blue Hat Interactive Entertainment Technology Ltd. (NASDAQ:BHAT) Sees Large Increase in Short Interest

Fujian Blue Hat Interactive Entertainment Technology Ltd. (NASDAQ:BHAT) was the recipient of a significant increase in short interest during the month of January. As of January 15th, there was short interest totalling 2,270,000 shares, an increase of 8,184.7% from the December 31st total of 27,400 shares. Based on an average daily volume of 16,030,000 shares, the days-to-cover ratio is currently 0.1 days.

Fujian Blue Hat Interactive Entertainment Technology Price Performance

BHAT traded down $0.00 during trading on Tuesday, reaching $0.06. 13,587,724 shares of the stock were exchanged, compared to its average volume of 93,164,086. The company has a quick ratio of 5.06, a current ratio of 5.88 and a debt-to-equity ratio of 0.02. Fujian Blue Hat Interactive Entertainment Technology has a 1 year low of $0.05 and a 1 year high of $1.45. The business’s 50 day moving average price is $0.12 and its two-hundred day moving average price is $0.35.

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.