Sound Group Inc. (NASDAQ:SOGP) Short Interest Up 71.4% in July

Sound Group Inc. (NASDAQ:SOGP) was the target of a significant growth in short interest during the month of July. As of July 15th, there was short interest totalling 6,000 shares, a growth of 71.4% from the June 30th total of 3,500 shares. Currently, 0.2% of the shares of the stock are short sold. Based on an average daily volume of 12,800 shares, the days-to-cover ratio is currently 0.5 days.

Sound Group Trading Down 1.2 %

Shares of SOGP stock traded down $0.02 during trading hours on Friday, hitting $2.10. The company’s stock had a trading volume of 4,127 shares, compared to its average volume of 10,745. The stock has a fifty day moving average of $2.28. The firm has a market capitalization of $10.88 million, a PE ratio of 2.12 and a beta of 1.67. Sound Group has a twelve month low of $2.05 and a twelve month high of $9.01.

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.