GD Culture Group Limited (NASDAQ:GDC) Short Interest Up 2,183.2% in August

GD Culture Group Limited (NASDAQ:GDCGet Free Report) was the target of a significant increase in short interest in August. As of August 31st, there was short interest totalling 1,290,000 shares, an increase of 2,183.2% from the August 15th total of 56,500 shares. Based on an average daily trading volume, of 2,860,000 shares, the days-to-cover ratio is currently 0.5 days. Approximately 13.3% of the company’s stock are sold short.

GD Culture Group Stock Down 4.6 %

GDC stock traded down $0.27 during mid-day trading on Thursday, reaching $5.63. The company had a trading volume of 72,372 shares, compared to its average volume of 1,166,045. The stock has a 50 day simple moving average of $2.88 and a two-hundred day simple moving average of $1.72. 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 posted its quarterly earnings results on Wednesday, August 14th. The company reported ($0.39) earnings per share for the quarter.

GD Culture Group Company Profile

(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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