Able View Global Inc. (NASDAQ:ABLV) Short Interest Update

Able View Global Inc. (NASDAQ:ABLV) was the recipient of a large increase in short interest in March. As of March 31st, there was short interest totalling 32,400 shares, an increase of 5.9% from the March 15th total of 30,600 shares. Based on an average daily volume of 98,900 shares, the short-interest ratio is presently 0.3 days. Currently, 0.6% of the shares of the stock are sold short.

Able View Global Stock Down 4.8 %

NASDAQ ABLV opened at $1.79 on Wednesday. Able View Global has a twelve month low of $1.60 and a twelve month high of $6.50. The stock has a 50-day moving average of $2.65 and a 200 day moving average of $2.66.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the business. Walleye Trading LLC purchased a new stake in Able View Global in the 3rd quarter worth $35,000. Shaolin Capital Management LLC acquired a new stake in shares of Able View Global in the third quarter valued at about $51,000. Finally, Walleye Capital LLC purchased a new stake in shares of Able View Global during the third quarter worth about $62,000. 78.53% of the stock is owned by institutional investors and hedge funds.

About Able View Global

Able View Global Inc operates as brand management partners of beauty and personal care brands in China. Its brand management services encompass various segments of the brand management value chain, including strategy, branding, digital and social marketing, omni-channel sales, customer service, overseas logistics, warehouse, and fulfilment.