Short Interest in Fujian Blue Hat Interactive Entertainment Technology Ltd. (NASDAQ:BHAT) Declines By 89.1%

Fujian Blue Hat Interactive Entertainment Technology Ltd. (NASDAQ:BHAT) was the recipient of a significant decline in short interest during the month of January. As of January 31st, there was short interest totalling 369,800 shares, a decline of 89.1% from the January 15th total of 3,380,000 shares. Based on an average daily trading volume, of 70,700,000 shares, the days-to-cover ratio is currently 0.0 days.

Fujian Blue Hat Interactive Entertainment Technology Stock Down 7.2 %

BHAT traded down $0.01 during trading hours on Wednesday, hitting $0.08. 134,294,403 shares of the stock were exchanged, compared to its average volume of 159,090,000. The stock has a 50-day simple moving average of $0.09 and a 200-day simple moving average of $0.28. The company has a debt-to-equity ratio of 0.02, a quick ratio of 5.06 and a current ratio of 5.88. Fujian Blue Hat Interactive Entertainment Technology has a 12 month low of $0.03 and a 12 month high of $1.45.

Fujian Blue Hat Interactive Entertainment Technology Company Profile

Fujian Blue Hat Interactive Entertainment Technology Ltd. designs, produces, promotes, and sells animated toys with mobile games features, intellectual property, and peripheral derivatives features worldwide. It offers AR Racer, a car-racing mobile game; AR Crazy Bug, a combat game played using a ladybug-shaped electronic toy; AR 3D Magic Box, which uses AR recognition technology to allow children to draw shapes or objects onto a physical card while the mobile game captures the drawings and animates them onto a set background; AR Dinosaur, an educational toy; and AR Shake Bouncing Bubble, which helps children to improve concentration and reaction, as well as Talking Tom and Friends' Bouncing Bubble.