Able View Global Inc. (NASDAQ:ABLV) Sees Significant Growth in Short Interest

Able View Global Inc. (NASDAQ:ABLV) saw a large increase in short interest in the month of November. As of November 30th, there was short interest totalling 25,900 shares, an increase of 47.2% from the November 15th total of 17,600 shares. Currently, 0.5% of the company’s stock are short sold. Based on an average daily volume of 18,200 shares, the days-to-cover ratio is currently 1.4 days.

Able View Global Trading Down 9.7 %

Shares of ABLV stock opened at $0.56 on Friday. The stock’s fifty day simple moving average is $0.87 and its 200-day simple moving average is $1.09. Able View Global has a 1-year low of $0.55 and a 1-year high of $3.94.

Able View Global Company Profile

Able View Global Inc operates as brand management partners of beauty and personal care brands in China. Its brand management services encompass various segments of the brand management value chain, including strategy, branding, digital and social marketing, omni-channel sales, customer services, overseas logistics, and warehouse and fulfilment.