Pop Culture Group Co., Ltd (NASDAQ:CPOP) Short Interest Up 61.2% in December

Pop Culture Group Co., Ltd (NASDAQ:CPOP) was the target of a large growth in short interest during the month of December. As of December 31st, there was short interest totalling 38,200 shares, a growth of 61.2% from the December 15th total of 23,700 shares. Based on an average trading volume of 84,200 shares, the days-to-cover ratio is currently 0.5 days. Approximately 1.4% of the company’s shares are short sold.

Pop Culture Group Trading Up 6.1 %

Shares of CPOP stock traded up $0.07 on Friday, hitting $1.13. 29,369 shares of the stock traded hands, compared to its average volume of 138,534. 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 has a twelve month low of $0.95 and a twelve month high of $9.67. The firm’s 50-day moving average price is $1.16 and its two-hundred day moving average price is $1.20.

About Pop Culture Group

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.