Short Interest in AGM Group Holdings Inc. (NASDAQ:AGMH) Increases By 295.4%

AGM Group Holdings Inc. (NASDAQ:AGMH) was the target of a significant increase in short interest in the month of January. As of January 15th, there was short interest totalling 154,600 shares, an increase of 295.4% from the December 31st total of 39,100 shares. Based on an average trading volume of 90,600 shares, the days-to-cover ratio is presently 1.7 days. Currently, 0.9% of the shares of the company are short sold.

AGM Group Trading Down 1.0 %

NASDAQ AGMH traded down $0.01 during trading hours on Tuesday, hitting $1.04. 47,992 shares of the stock were exchanged, compared to its average volume of 41,982. The stock has a 50-day moving average of $1.52 and a 200 day moving average of $1.41. AGM Group has a 12-month low of $0.46 and a 12-month high of $2.20.

Institutional Investors Weigh In On AGM Group

An institutional investor recently bought a new position in AGM Group stock. Virtu Financial LLC purchased a new position in shares of AGM Group Holdings Inc. (NASDAQ:AGMH) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 18,456 shares of the company’s stock, valued at approximately $32,000. Virtu Financial LLC owned approximately 0.07% of AGM Group as of its most recent filing with the Securities and Exchange Commission (SEC).

About AGM Group

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.