Pop Culture Group Co., Ltd (NASDAQ:CPOP) Short Interest Update

Pop Culture Group Co., Ltd (NASDAQ:CPOP) saw a significant growth in short interest during the month of June. As of June 30th, there was short interest totalling 126,600 shares, a growth of 727.5% from the June 15th total of 15,300 shares. Currently, 4.5% of the company’s shares are sold short. Based on an average daily trading volume, of 1,840,000 shares, the days-to-cover ratio is presently 0.1 days.

Pop Culture Group Trading Down 4.1 %

CPOP stock traded down $0.05 during mid-day trading on Thursday, hitting $1.27. 37,273 shares of the company were exchanged, compared to its average volume of 2,108,153. The business has a fifty day simple moving average of $1.54 and a 200-day simple moving average of $1.87. Pop Culture Group has a 12-month low of $0.91 and a 12-month high of $9.67.

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.