Short Interest in Color Star Technology Co., Ltd. (NASDAQ:ADD) Expands By 70.8%

Color Star Technology Co., Ltd. (NASDAQ:ADD) was the recipient of a large increase in short interest in July. As of July 31st, there was short interest totalling 1,250,000 shares, an increase of 70.8% from the July 15th total of 731,700 shares. Approximately 2.8% of the shares of the company are short sold. Based on an average trading volume of 1,390,000 shares, the short-interest ratio is currently 0.9 days.

Color Star Technology Price Performance

Shares of ADD opened at $0.71 on Friday. Color Star Technology has a 1 year low of $0.17 and a 1 year high of $1.86. The stock has a 50 day simple moving average of $0.28 and a 200-day simple moving average of $0.26.

Color Star Technology Company Profile

Color Star Technology Co, Ltd., an entertainment and education company, provides online entertainment performances and music education services in the United States and China. The company operates Color World, an online platform of curriculum that includes music, sports, animation, painting and calligraphy, film and television, life skills, etc.