AGM Group Holdings Inc. (NASDAQ:AGMH) Sees Large Increase in Short Interest

AGM Group Holdings Inc. (NASDAQ:AGMH) was the recipient of a large increase in short interest during the month of December. As of December 31st, there was short interest totalling 154,600 shares, an increase of 295.4% from the December 15th total of 39,100 shares. Based on an average daily trading volume, of 90,600 shares, the short-interest ratio is currently 1.7 days. Approximately 0.9% of the shares of the company are sold short.

AGM Group Price Performance

Shares of AGMH opened at $1.33 on Tuesday. AGM Group has a 1 year low of $0.46 and a 1 year high of $2.20. The company’s fifty day moving average is $1.62 and its two-hundred day moving average is $1.35.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in AGM Group stock. Virtu Financial LLC acquired a new stake in AGM Group Holdings Inc. (NASDAQ:AGMH) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 18,456 shares of the company’s stock, valued at approximately $32,000. Virtu Financial LLC owned 0.07% of AGM Group as of its most recent SEC filing.

AGM Group Company Profile

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.