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

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

Quhuo Stock Performance

Shares of NASDAQ:QH opened at $1.40 on Monday. Quhuo has a 12-month low of $0.25 and a 12-month high of $2.27. The business’s fifty day simple moving average is $1.41 and its 200-day simple moving average is $0.83.

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.