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

GD Culture Group Limited (NASDAQ:GDC) saw a large increase in short interest in the month of February. As of February 28th, there was short interest totalling 716,900 shares, an increase of 733.6% from the February 13th total of 86,000 shares. Approximately 6.5% of the company’s shares are short sold. Based on an average daily volume of 275,300 shares, the days-to-cover ratio is currently 2.6 days.

Institutional Trading of GD Culture Group

A hedge fund recently bought a new stake in GD Culture Group stock. Two Sigma Securities LLC acquired a new stake in GD Culture Group Limited (NASDAQ:GDC) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 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 as of its most recent SEC filing. 0.55% of the stock is currently owned by hedge funds and other institutional investors.

GD Culture Group Stock Performance

Shares of GDC stock traded up $0.05 during trading hours on Friday, reaching $2.02. The company had a trading volume of 739 shares, compared to its average volume of 957,867. The company has a 50 day moving average of $1.62 and a 200 day moving average of $2.55. GD Culture Group has a 1-year low of $0.59 and a 1-year high of $12.18.

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.