GD Culture Group Limited (NASDAQ:GDC) Short Interest Up 733.6% in February

GD Culture Group Limited (NASDAQ:GDC) was the target of a significant growth in short interest in February. As of February 28th, there was short interest totalling 716,900 shares, a growth of 733.6% from the February 13th total of 86,000 shares. Currently, 6.5% of the shares of the stock are short sold. Based on an average daily volume of 275,300 shares, the short-interest ratio is presently 2.6 days.

Institutional Investors Weigh In On GD Culture Group

A hedge fund recently bought a new stake in GD Culture Group stock. Two Sigma Securities LLC purchased a new stake in GD Culture Group Limited (NASDAQ:GDC) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 47,057 shares of the company’s stock, valued at approximately $89,000. Two Sigma Securities LLC owned 0.42% of GD Culture Group at the end of the most recent reporting period. 0.55% of the stock is currently owned by institutional investors and hedge funds.

GD Culture Group Stock Performance

Shares of NASDAQ:GDC opened at $2.03 on Thursday. GD Culture Group has a 52-week low of $0.59 and a 52-week high of $12.18. The business has a fifty day moving average of $1.62 and a two-hundred day moving average of $2.55.

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.