Fujian Blue Hat Interactive Entertainment Technology Ltd. (NASDAQ:BHAT) Short Interest Down 23.1% in April

Fujian Blue Hat Interactive Entertainment Technology Ltd. (NASDAQ:BHAT) was the recipient of a large decline in short interest during the month of April. As of April 15th, there was short interest totalling 28,900 shares, a decline of 23.1% from the March 31st total of 37,600 shares. Currently, 0.4% of the company’s shares are short sold. Based on an average trading volume of 93,600 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Trading of Fujian Blue Hat Interactive Entertainment Technology

An institutional investor recently bought a new position in Fujian Blue Hat Interactive Entertainment Technology stock. Hudson Bay Capital Management LP purchased a new stake in Fujian Blue Hat Interactive Entertainment Technology Ltd. (NASDAQ:BHAT) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 63,000 shares of the company’s stock, valued at approximately $86,000. Hudson Bay Capital Management LP owned about 0.64% of Fujian Blue Hat Interactive Entertainment Technology at the end of the most recent quarter. 1.94% of the stock is owned by institutional investors and hedge funds.

Fujian Blue Hat Interactive Entertainment Technology Trading Up 5.6 %

NASDAQ BHAT traded up $0.07 on Friday, hitting $1.23. The company’s stock had a trading volume of 129,254 shares, compared to its average volume of 48,417. The company’s 50-day moving average is $1.08 and its 200 day moving average is $1.13. Fujian Blue Hat Interactive Entertainment Technology has a 1-year low of $0.56 and a 1-year high of $3.00.

About Fujian Blue Hat Interactive Entertainment Technology

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.