Short Interest in Pop Culture Group Co., Ltd (NASDAQ:CPOP) Increases By 1,467.6%

Pop Culture Group Co., Ltd (NASDAQ:CPOP) was the recipient of a significant growth in short interest in the month of February. As of February 28th, there was short interest totalling 1,160,000 shares, a growth of 1,467.6% from the February 13th total of 74,000 shares. Approximately 19.5% of the shares of the company are short sold. Based on an average trading volume of 647,100 shares, the short-interest ratio is currently 1.8 days.

Pop Culture Group Price Performance

Pop Culture Group stock opened at $0.56 on Thursday. Pop Culture Group has a one year low of $0.51 and a one year high of $4.30. The business has a fifty day moving average price of $0.86 and a 200-day moving average price of $1.06. The company has a quick ratio of 1.61, a current ratio of 1.61 and a debt-to-equity ratio of 0.10.

About Pop Culture Group

Pop Culture Group Co, Ltd hosts entertainment events to corporate clients in China. The company hosts concerts and hip-hop related events, including stage plays, dance competitions, cultural and musical festivals, and promotional parties, as well as creates hip-hop related online programs; and provides event planning and execution services comprising communication, planning, design, production, reception, execution, and analysis services to advertising and media service providers, industry associations, and companies in a range of industries, such as consumer goods, real estate, tourism, entertainment, technology, e-commerce, education, and sports.