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

Fujian Blue Hat Interactive Entertainment Technology Ltd. (NASDAQ:BHAT) saw a large increase in short interest in 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 trading volume of 16,030,000 shares, the days-to-cover ratio is currently 0.1 days.

Fujian Blue Hat Interactive Entertainment Technology Stock Performance

Shares of BHAT opened at $0.04 on Thursday. The business’s 50-day moving average is $0.11 and its 200-day moving average is $0.34. The company has a current ratio of 5.88, a quick ratio of 5.06 and a debt-to-equity ratio of 0.02. Fujian Blue Hat Interactive Entertainment Technology has a fifty-two week low of $0.03 and a fifty-two week high of $1.45.

Fujian Blue Hat Interactive Entertainment Technology Company Profile

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.