Short Interest in GD Culture Group Limited (NASDAQ:GDC) Declines By 21.9%

GD Culture Group Limited (NASDAQ:GDC) saw a significant decline in short interest during the month of March. As of March 15th, there was short interest totalling 559,800 shares, a decline of 21.9% from the February 28th total of 716,900 shares. Based on an average daily trading volume, of 272,000 shares, the short-interest ratio is currently 2.1 days. Currently, 4.6% of the company’s stock are sold short.

Institutional Trading of GD Culture Group

A hedge fund recently bought a new stake in GD Culture Group stock. Two Sigma Securities LLC bought a new position in shares of GD Culture Group Limited (NASDAQ:GDC) during the fourth quarter, according to its most recent filing with the SEC. The fund bought 47,057 shares of the company’s stock, valued at approximately $89,000. Two Sigma Securities LLC owned 0.42% of GD Culture Group at the end of the most recent reporting period. 0.55% of the stock is owned by institutional investors and hedge funds.

GD Culture Group Trading Up 3.0 %

GD Culture Group stock traded up $0.07 during trading on Tuesday, hitting $2.50. 14,904 shares of the company were exchanged, compared to its average volume of 946,063. The company has a market capitalization of $30.76 million, a P/E ratio of -1.66 and a beta of 1.58. The business’s 50 day moving average is $1.73 and its 200 day moving average is $2.19. GD Culture Group has a 52 week low of $0.59 and a 52 week high of $12.18.

GD Culture Group (NASDAQ:GDC) last posted its earnings results on Monday, March 17th. The company reported ($0.20) earnings per share (EPS) for the quarter.

GD Culture Group Company Profile

GD Culture Group Limited operates as an integrated marketing service agency. The company focuses on enterprise brand management, crisis public relations, intelligent public opinion monitoring, media PR, financial and economic we-media operation, digital face application, exhibition services, and other businesses.