Color Star Technology Co., Ltd. (NASDAQ:ADD) Short Interest Up 76.0% in August

Color Star Technology Co., Ltd. (NASDAQ:ADD) was the target of a significant growth in short interest in the month of August. As of August 15th, there was short interest totalling 2,200,000 shares, a growth of 76.0% from the July 31st total of 1,250,000 shares. Currently, 5.0% of the company’s shares are sold short. Based on an average trading volume of 1,920,000 shares, the days-to-cover ratio is presently 1.1 days.

Color Star Technology Trading Down 0.8 %

Color Star Technology stock opened at $0.63 on Friday. Color Star Technology has a 12-month low of $0.17 and a 12-month high of $1.86. The business’s 50-day simple moving average is $0.40 and its 200 day simple moving average is $0.29.

About Color Star Technology

Color Star Technology Co, Ltd., an entertainment and education company, provides online entertainment performances and music education services in the United States and China. The company operates Color World, an online platform of curriculum that includes music, sports, animation, painting and calligraphy, film and television, life skills, etc.