Grande Group Limited (NASDAQ:GRAN) Stock Short Interest Jumps 207.4%

Grande Group Limited (NASDAQ:GRAN) saw a large growth in short interest in September. As of September 15th, there was short interest totaling 98,146 shares, a growth of 207.4% from the August 31st total of 31,932 shares. Currently, 0.4% of the shares of the company are short sold. Based on an average trading volume of 390,020 shares, the days-to-cover ratio is presently 0.3 days.

Wall Street Analyst Weigh In

Separately, Weiss Ratings raised shares of Grande Group from a “sell (d-)” rating to a “sell (d)” rating in a report on Monday, August 31st. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company has a consensus rating of “Sell”.

Grande Group Stock Performance

Shares of NASDAQ GRAN traded up $0.01 during mid-day trading on Friday, reaching $1.08. The company’s stock had a trading volume of 3,267 shares, compared to its average volume of 211,262. The company has a debt-to-equity ratio of 0.03, a quick ratio of 0.54 and a current ratio of 0.54. The stock has a fifty day moving average of $1.28 and a two-hundred day moving average of $1.28. Grande Group has a 52 week low of $0.80 and a 52 week high of $5.91.

Grande Group (NASDAQ:GRAN) last released its earnings results on Friday, July 31st. The company reported ($0.04) earnings per share (EPS) for the quarter. The company had revenue of $0.76 million during the quarter.

Grande Group Company Profile

Headquartered in Hong Kong, we are a holding company incorporated in the British Virgin Islands, and all of our business is carried out by our wholly-owned Operating Subsidiary in Hong Kong, Grande Capital. Grande Capital is a boutique financial firm that focuses on providing quality corporate finance advisory services to clients in Asia. Grande Capital is a licensed corporation under the SFO to engage in Type 1 (dealing in securities) and Type 6 (advising on corporate finance) regulated activities in Hong Kong.