Short Interest in AGM Group Holdings Inc. (NASDAQ:AGMH) Expands By 83.1%

AGM Group Holdings Inc. (NASDAQ:AGMH) was the recipient of a large growth in short interest in January. As of January 31st, there was short interest totalling 263,300 shares, a growth of 83.1% from the January 15th total of 143,800 shares. Approximately 1.5% of the company’s stock are short sold. Based on an average trading volume of 78,700 shares, the short-interest ratio is currently 3.3 days.

Hedge Funds Weigh In On AGM Group

A hedge fund recently bought a new stake in AGM Group stock. Virtu Financial LLC purchased a new position in shares of AGM Group Holdings Inc. (NASDAQ:AGMH) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund 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.

AGM Group Price Performance

AGM Group stock opened at $0.79 on Friday. The stock’s 50 day moving average price is $1.29 and its 200 day moving average price is $1.42. AGM Group has a one year low of $0.46 and a one year high of $2.19.

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.