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

Quhuo Limited (NASDAQ:QH) saw a significant decrease in short interest during the month of October. As of October 31st, there was short interest totalling 46,200 shares, a decrease of 65.0% from the October 15th total of 131,900 shares. Based on an average daily volume of 7,850,000 shares, the days-to-cover ratio is presently 0.0 days.

Quhuo Price Performance

Shares of NASDAQ QH remained flat at $1.33 during trading on Tuesday. 15,517 shares of the stock were exchanged, compared to its average volume of 2,479,643. Quhuo has a 12-month low of $0.25 and a 12-month high of $2.27. The firm’s 50-day moving average price is $1.28 and its 200 day moving average price is $0.75.

About Quhuo

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.