Short Interest in Hudson Capital Inc. (NASDAQ:HUSN) Drops By 22.7%

Hudson Capital Inc. (NASDAQ:HUSNGet Rating) was the recipient of a significant decrease in short interest during the month of April. As of April 30th, there was short interest totalling 128,300 shares, a decrease of 22.7% from the April 15th total of 166,000 shares. Based on an average trading volume of 1,550,000 shares, the short-interest ratio is currently 0.1 days. Approximately 3.0% of the company’s stock are sold short.

An institutional investor recently bought a new position in Hudson Capital stock. Virtu Financial LLC purchased a new stake in shares of Hudson Capital Inc. (NASDAQ:HUSNGet Rating) during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 17,112 shares of the company’s stock, valued at approximately $33,000. Virtu Financial LLC owned approximately 0.50% of Hudson Capital at the end of the most recent reporting period. Hedge funds and other institutional investors own 11.10% of the company’s stock.

Shares of NASDAQ HUSN traded up $0.29 during trading on Tuesday, reaching $1.91. The company had a trading volume of 43,020 shares, compared to its average volume of 1,076,870. Hudson Capital has a 12-month low of $1.40 and a 12-month high of $9.90. The business’s 50-day moving average is $2.13 and its 200 day moving average is $2.33.

Hudson Capital Company Profile (Get Rating)

Hudson Capital Inc, through its subsidiary, Freight App, Inc, operates a transportation logistics technology platform in North American. The company offers Fr8App focuses on truckload freight for domestic and cross-border markets in Mexico, the United States, and Canada. Its Fr8App uses its proprietary technology platform to connect carriers and shippers, and enhance matching and operation efficiency through technologies, such as live pricing and real-time tracking, digital freight marketplace, broker, transportation management, fleet management, and committed capacity solutions.

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