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

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

Institutional Investors Weigh In On GD Culture Group

An institutional investor recently bought a new position in GD Culture Group stock. Two Sigma Securities LLC acquired a new position in GD Culture Group Limited (NASDAQ:GDCFree Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 47,057 shares of the company’s stock, valued at approximately $89,000. Two Sigma Securities LLC owned approximately 0.42% of GD Culture Group as of its most recent SEC filing. Hedge funds and other institutional investors own 0.55% of the company’s stock.

GD Culture Group Trading Down 1.6 %

Shares of GDC stock traded down $0.04 on Wednesday, reaching $2.41. 14,716 shares of the company’s stock were exchanged, compared to its average volume of 945,574. The company’s fifty day simple moving average is $1.74 and its 200 day simple moving average is $2.17. The stock has a market capitalization of $29.60 million, a PE ratio of -1.60 and a beta of 1.58. GD Culture Group has a 52 week low of $0.59 and a 52 week high of $12.18.

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

About GD Culture Group

(Get Free Report)

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.

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