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Fujian Blue Hat Interactive Entertainment Technology Ltd. (NASDAQ:BHAT) Sees Significant Decline in Short Interest

Defense World ·  Jul 29, 2022 17:01

Fujian Blue Hat Interactive Entertainment Technology Ltd. (NASDAQ:BHAT – Get Rating) saw a significant decline in short interest in July. As of July 15th, there was short interest totalling 248,900 shares, a decline of 84.8% from the June 30th total of 1,640,000 shares. Currently, 6.2% of the shares of the stock are sold short. Based on an average daily volume of 5,980,000 shares, the days-to-cover ratio is currently 0.0 days.

Fujian Blue Hat Interactive Entertainment Technology Trading Down 5.2 %

Fujian Blue Hat Interactive Entertainment Technology stock opened at $2.53 on Friday. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.19 and a quick ratio of 1.18. The business's fifty day moving average is $2.38 and its two-hundred day moving average is $3.15. Fujian Blue Hat Interactive Entertainment Technology has a 52 week low of $0.60 and a 52 week high of $8.80.

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About Fujian Blue Hat Interactive Entertainment Technology

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Fujian Blue Hat Interactive Entertainment Technology Ltd. engages in the designing, producing, promoting, and selling 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; 'Talking Tom and Friends' Bouncing Bubble, which enables children to bounce and play with bubbles; and AR Shake Bouncing Bubble, which helps children to improve concentration and reaction.

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