Sound Group Inc. (NASDAQ:SOGP) Short Interest Up 109.2% in March

Sound Group Inc. (NASDAQ:SOGP) was the target of a large growth in short interest during the month of March. As of March 15th, there was short interest totalling 20,500 shares, a growth of 109.2% from the February 28th total of 9,800 shares. Based on an average daily trading volume, of 79,500 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.5% of the shares of the stock are short sold.

Sound Group Price Performance

NASDAQ SOGP traded down $0.01 during trading hours on Friday, reaching $2.20. The company’s stock had a trading volume of 25,501 shares, compared to its average volume of 76,198. The company’s 50-day moving average is $2.17 and its two-hundred day moving average is $1.99. Sound Group has a fifty-two week low of $1.49 and a fifty-two week high of $3.66.

Sound Group Company Profile

Sound Group Inc operates as an audio-centric social and entertainment company. It focuses on building audio platform to connect and communicate. The company, through its product portfolio and in-house technologies, caters to user interest in audio entertainment and social networking. The company was formerly known as LIZHI INC.