AGM Group Holdings Inc. (NASDAQ:AGMH) Sees Large Decrease in Short Interest

AGM Group Holdings Inc. (NASDAQ:AGMH) was the target of a significant decrease in short interest in November. As of November 15th, there was short interest totalling 35,500 shares, a decrease of 6.1% from the October 31st total of 37,800 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 105,100 shares, the days-to-cover ratio is presently 0.3 days.

AGM Group Stock Performance

AGM Group stock opened at $1.80 on Monday. The stock’s fifty day moving average price is $1.78 and its two-hundred day moving average price is $1.22. AGM Group has a one year low of $0.46 and a one year high of $2.20.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in AGM Group stock. Virtu Financial LLC acquired a new position in shares of AGM Group Holdings Inc. (NASDAQ:AGMH) during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 18,556 shares of the company’s stock, valued at approximately $28,000.

AGM Group Company Profile

AGM Group Holdings Inc operates as a technology company, engages in the research and development of blockchain-oriented ASIC chip in Singapore, Hong Kong, and China. The company offers MetaTrader 5, a futures trading solution; and foreign exchange trading system that provides services to financial institutions.