Huadi International Group Co., Ltd. - Ordinary Shares (HUDI)
1.6000
+0.0300 (1.91%)
Huadi International Group Ltd is a publicly traded company engaged in the manufacturing and supply of high-quality stainless steel pipes and tubes, primarily catering to the energy, construction, and manufacturing sectors
The company focuses on innovation and quality assurance in its production processes, offering a diverse range of products that meet the varying needs of its global customer base. By leveraging advanced technologies and efficient manufacturing practices, Huadi aims to enhance its competitive edge in the industry while maintaining a commitment to sustainability and environmental responsibility.
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Potential short squeeze plays gained steam in 2021, continued throughout 2022, and remain a focus of new traders looking for the next huge move. High short interest and steep borrowing costs are among the common traits that could lead to a short squeeze.
Huadi International Group Co Ltd (NASDAQ: HUDI) shares are trading lower on above-average volume, pulling back after surging in afternoon trading on Friday.
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Shares of low-float stock Huadi International Group Co (NASDAQ: HUDI) are trading higher by 363% to $12.69 on abnormally-high volume. The Benzinga newsdesk is not seeing any company-specific news to justify the price action. So What's Up?
Potential short squeeze plays gained steam in 2021 and continued through 2022, with new traders looking for the next huge move. High short interest and a high cost to borrow are among the common traits that could lead to a short squeeze.
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Huadi International Group Co (NASDAQ: HUDI) shares are trading higher Thursday after the company announced a new strategic partnership with China Huanqiu Contracting & Engineering Co, a construction contractor of
BEIJING, Jan. 19, 2023 (GLOBE NEWSWIRE) -- Huadi International Group Co., Ltd. (“HUDI” or the “Company”) (NASDAQ: HUDI), a leading developer and manufacturer of industrial stainless steel seamless pipes and tubes products in China, today announced that the Company has entered into strategic partnership agreement (the “Agreement”) with China Huanqiu Contracting & Engineering Co., Ltd. (“Huanqiu”), a construction contractor of China National Petroleum Corporation (“CNPC”), the world’s third largest oil and gas company. HUDI has been awarded and nominated as Huanqiu’s first-tier supplier of stainless steel seamless pipes and tubes.
Potential short squeeze plays gained steam in 2021 and have continued to attract attention, with new traders looking for the next huge move. High short interest and a high cost to borrow are among the common traits that could lead to a short squeeze.
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