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

Quhuo Limited (NASDAQ:QH) saw a large decrease in short interest in November. As of November 15th, there was short interest totalling 38,400 shares, a decrease of 16.9% from the October 31st total of 46,200 shares. Based on an average daily trading volume, of 7,800,000 shares, the days-to-cover ratio is currently 0.0 days.

Quhuo Stock Performance

Shares of NASDAQ:QH opened at $1.40 on Friday. The business has a fifty day moving average of $1.41 and a two-hundred day moving average of $0.83. Quhuo has a 52-week low of $0.25 and a 52-week high of $2.27.

About Quhuo

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.