Fangdd Network Group Ltd. (NASDAQ:DUO) Short Interest Up 502.2% in March

Fangdd Network Group Ltd. (NASDAQ:DUO) saw a large growth in short interest in the month of March. As of March 15th, there was short interest totalling 56,000 shares, a growth of 502.2% from the February 29th total of 9,300 shares. Based on an average daily volume of 1,600,000 shares, the short-interest ratio is presently 0.0 days.

Fangdd Network Group Price Performance

Shares of NASDAQ DUO opened at $0.45 on Thursday. The stock has a fifty day simple moving average of $0.58 and a two-hundred day simple moving average of $0.73. Fangdd Network Group has a 1-year low of $0.42 and a 1-year high of $19.65.

Institutional Investors Weigh In On Fangdd Network Group

Several institutional investors have recently made changes to their positions in DUO. Susquehanna International Group LLP bought a new position in shares of Fangdd Network Group in the first quarter worth $25,000. Virtu Financial LLC bought a new stake in Fangdd Network Group during the fourth quarter valued at approximately $31,000. Finally, Sabby Management LLC purchased a new position in Fangdd Network Group in the 3rd quarter worth approximately $479,000.

Fangdd Network Group Company Profile

Fangdd Network Group Ltd., an investment holding company, provides real estate information services through online platforms 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 supply-chain financial products and support transactions, as well as online and offline, and project-specific training and guidance services.