Meihua International Medical Technologies Co., Ltd. (NASDAQ:MHUA) Short Interest Update

Meihua International Medical Technologies Co., Ltd. (NASDAQ:MHUA) saw a large decline in short interest during the month of November. As of November 30th, there was short interest totalling 47,400 shares, a decline of 88.2% from the November 15th total of 401,900 shares. Based on an average daily volume of 680,400 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.5% of the shares of the stock are sold short.

Meihua International Medical Technologies Price Performance

Shares of NASDAQ MHUA traded down $0.01 during mid-day trading on Wednesday, reaching $0.59. The company’s stock had a trading volume of 1,195,027 shares, compared to its average volume of 662,323. The stock has a 50-day moving average of $0.65 and a two-hundred day moving average of $0.80. Meihua International Medical Technologies has a 1-year low of $0.43 and a 1-year high of $2.81.

Institutional Trading of Meihua International Medical Technologies

A hedge fund recently raised its stake in Meihua International Medical Technologies stock. Anson Funds Management LP grew its stake in Meihua International Medical Technologies Co., Ltd. (NASDAQ:MHUA) by 249.6% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,267,301 shares of the company’s stock after acquiring an additional 1,618,698 shares during the quarter. Anson Funds Management LP owned about 9.04% of Meihua International Medical Technologies worth $2,313,000 as of its most recent SEC filing. 1.17% of the stock is owned by institutional investors and hedge funds.

Meihua International Medical Technologies Company Profile

Meihua International Medical Technologies Co, Ltd. engages in the manufacture, sells, and marketing of medical consumables in the People's Republic of China. The company offers class I, II, and III disposable medical devices. Its products include non-bottled products, such as brushes and ID bracelets; and polyethylene bottled products, such as eye drop and tablet bottles, as well as electronic pumps.