Fangdd Network Group Ltd. (NASDAQ:DUO) Short Interest Update

Fangdd Network Group Ltd. (NASDAQ:DUO) was the recipient of a significant decrease in short interest in the month of December. As of December 31st, there was short interest totalling 277,900 shares, a decrease of 82.8% from the December 15th total of 1,620,000 shares. Based on an average daily trading volume, of 9,680,000 shares, the short-interest ratio is presently 0.0 days. Approximately 2.2% of the company’s stock are short sold.

Fangdd Network Group Price Performance

Shares of DUO traded up $0.04 during midday trading on Monday, reaching $0.57. The stock had a trading volume of 1,205,492 shares, compared to its average volume of 1,794,005. The company’s fifty day simple moving average is $0.69 and its two-hundred day simple moving average is $0.77. Fangdd Network Group has a 1-year low of $0.32 and a 1-year high of $4.67.

Institutional Trading of Fangdd Network Group

An institutional investor recently bought a new position in Fangdd Network Group stock. Sassicaia Capital Advisers LLC bought a new stake in Fangdd Network Group Ltd. (NASDAQ:DUO) during the third quarter, according to its most recent disclosure with the SEC. The firm bought 16,500 shares of the company’s stock, valued at approximately $51,000. Fangdd Network Group comprises about 0.1% of Sassicaia Capital Advisers LLC’s holdings, making the stock its 17th largest position. Sassicaia Capital Advisers LLC owned approximately 0.36% of Fangdd Network Group at the end of the most recent quarter.

About Fangdd Network Group

Fangdd Network Group Ltd., an investment holding company, provides real estate information services through online platform in the People's Republic of China. It operates Property Cloud, a software as a service solution for real estate sellers. The company also operates platforms for real estate agents, including Duoduo Sales, which offers real estate agents with instant access to marketplace functionalities and allows them to conduct transactions on the go; Duoduo Cloud Sales, which connects agents to property database and buyer base, allowing them to source, manage, and complete transactions online; and provides online and offline, and project-specific training and guidance services.