Quhuo Limited (NASDAQ:QH) Short Interest Down 12.3% in February

Quhuo Limited (NASDAQ:QH) was the target of a large drop in short interest in the month of February. As of February 15th, there was short interest totalling 23,500 shares, a drop of 12.3% from the January 31st total of 26,800 shares. Based on an average trading volume of 19,100 shares, the short-interest ratio is presently 1.2 days.

Hedge Funds Weigh In On Quhuo

An institutional investor recently bought a new position in Quhuo stock. Renaissance Technologies LLC bought a new stake in shares of Quhuo Limited (NASDAQ:QH) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 23,500 shares of the company’s stock, valued at approximately $34,000. Renaissance Technologies LLC owned 0.38% of Quhuo at the end of the most recent quarter. Institutional investors own 0.17% of the company’s stock.

Quhuo Stock Down 0.1 %

QH stock opened at $1.50 on Friday. The firm’s 50-day simple moving average is $1.39 and its 200 day simple moving average is $1.27. Quhuo has a fifty-two week low of $0.25 and a fifty-two week high of $2.27.

Quhuo Company Profile

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.