GD Culture Group Limited (NASDAQ:GDC) Short Interest Down 21.9% in March

GD Culture Group Limited (NASDAQ:GDC) saw a significant drop in short interest in March. As of March 15th, there was short interest totalling 559,800 shares, a drop of 21.9% from the February 28th total of 716,900 shares. Approximately 4.6% of the company’s stock are short sold. Based on an average trading volume of 272,000 shares, the short-interest ratio is currently 2.1 days.

GD Culture Group Stock Performance

Shares of NASDAQ:GDC traded down $0.08 during trading on Monday, hitting $2.44. The company’s stock had a trading volume of 49,561 shares, compared to its average volume of 949,755. The company has a market capitalization of $29.91 million, a PE ratio of -1.59 and a beta of 1.58. GD Culture Group has a fifty-two week low of $0.59 and a fifty-two week high of $12.18. The stock’s 50-day moving average price is $1.72 and its two-hundred day moving average price is $2.22.

GD Culture Group (NASDAQ:GDC) last posted its quarterly earnings results on Monday, March 17th. The company reported ($0.20) earnings per share (EPS) for the quarter.

Hedge Funds Weigh In On GD Culture Group

A hedge fund recently bought a new stake in GD Culture Group stock. Two Sigma Securities LLC bought a new position in GD Culture Group Limited (NASDAQ:GDC) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 47,057 shares of the company’s stock, valued at approximately $89,000. Two Sigma Securities LLC owned about 0.42% of GD Culture Group as of its most recent SEC filing. 0.55% of the stock is owned by institutional investors.

GD Culture Group Company Profile

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.