Pop Culture Group Co., Ltd (NASDAQ:CPOP) Sees Large Decrease in Short Interest

Pop Culture Group Co., Ltd (NASDAQ:CPOP) was the target of a significant decrease in short interest during the month of March. As of March 15th, there was short interest totalling 312,800 shares, a decrease of 73.0% from the February 28th total of 1,160,000 shares. Based on an average daily volume of 652,300 shares, the days-to-cover ratio is currently 0.5 days. Approximately 5.3% of the company’s shares are short sold.

Pop Culture Group Trading Down 3.7 %

NASDAQ:CPOP traded down $0.02 during mid-day trading on Friday, hitting $0.63. The company had a trading volume of 72,735 shares, compared to its average volume of 720,815. Pop Culture Group has a fifty-two week low of $0.50 and a fifty-two week high of $4.30. The business’s fifty day moving average is $0.75 and its two-hundred day moving average is $1.02. The company has a current ratio of 1.61, a quick ratio of 1.61 and a debt-to-equity ratio of 0.10.

Pop Culture Group Company Profile

Pop Culture Group Co, Ltd hosts entertainment events to corporate clients in China. The company hosts concerts and hip-hop related events, including stage plays, dance competitions, cultural and musical festivals, and promotional parties, as well as creates hip-hop related online programs; and provides event planning and execution services comprising communication, planning, design, production, reception, execution, and analysis services to advertising and media service providers, industry associations, and companies in a range of industries, such as consumer goods, real estate, tourism, entertainment, technology, e-commerce, education, and sports.