Short Interest in GD Culture Group Limited (NASDAQ:GDC) Grows By 733.6%

GD Culture Group Limited (NASDAQ:GDC) was the recipient of a significant growth in short interest in the month of 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. Based on an average trading volume of 275,300 shares, the short-interest ratio is presently 2.6 days. Currently, 6.5% of the shares of the company are sold short.

GD Culture Group Trading Up 2.5 %

GDC traded up $0.05 on Friday, hitting $2.02. 739 shares of the stock traded hands, compared to its average volume of 957,867. 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 price of $1.62 and a two-hundred day moving average price of $2.55.

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 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 47,057 shares of the company’s stock, valued at approximately $89,000. Two Sigma Securities LLC owned approximately 0.42% of GD Culture Group at the end of the most recent reporting period. Institutional investors own 0.55% of the company’s stock.

About GD Culture Group

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.