Everbright Digital Holding Limited (NASDAQ:EDHL) Sees Large Drop in Short Interest

Everbright Digital Holding Limited (NASDAQ:EDHL) saw a significant decline in short interest during the month of February. As of February 13th, there was short interest totaling 34,202 shares, a decline of 90.2% from the January 29th total of 350,697 shares. Based on an average daily volume of 97,588 shares, the short-interest ratio is currently 0.4 days. Currently, 2.0% of the shares of the stock are short sold. Currently, 2.0% of the shares of the stock are short sold. Based on an average daily volume of 97,588 shares, the short-interest ratio is currently 0.4 days.

Everbright Digital Price Performance

EDHL stock traded up $0.09 during trading on Wednesday, hitting $2.62. 53,447 shares of the company’s stock traded hands, compared to its average volume of 104,544. Everbright Digital has a 52 week low of $2.22 and a 52 week high of $110.08. The business has a fifty day simple moving average of $4.57 and a 200 day simple moving average of $9.35.

Everbright Digital (NASDAQ:EDHL) last announced its earnings results on Wednesday, December 31st. The company reported ($0.24) earnings per share (EPS) for the quarter. The firm had revenue of $0.36 million for the quarter.

Institutional Investors Weigh In On Everbright Digital

An institutional investor recently bought a new position in Everbright Digital stock. Vanguard Personalized Indexing Management LLC purchased a new position in shares of Everbright Digital Holding Limited (NASDAQ:EDHL) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 67,397 shares of the company’s stock, valued at approximately $46,000. Vanguard Personalized Indexing Management LLC owned about 0.25% of Everbright Digital as of its most recent filing with the Securities and Exchange Commission.

Everbright Digital Company Profile

Everbright Digital Holdings Co, Ltd. is a Cayman Islands holding company that, through its subsidiaries, delivers digital operation services and interactive solutions to cultural tourism, sports and small and medium-sized enterprises in the People’s Republic of China. The company specializes in digital marketing, content distribution and technology-driven platforms designed to enhance customer engagement and streamline operational workflows. Its portfolio includes digital interactive applications, intelligent library systems and tools for digital event management.

Since its founding in 2018, Everbright Digital has partnered with government agencies, cultural venues and commercial enterprises across more than 20 provinces.