Short Interest in Sound Group Inc. (NASDAQ:SOGP) Expands By 109.2%

Sound Group Inc. (NASDAQ:SOGP) saw a significant increase in short interest during the month of March. As of March 15th, there was short interest totalling 20,500 shares, an increase of 109.2% from the February 28th total of 9,800 shares. Based on an average daily trading volume, of 79,500 shares, the short-interest ratio is currently 0.3 days. Currently, 0.5% of the shares of the company are short sold.

Sound Group Stock Down 0.5 %

Shares of SOGP stock traded down $0.01 during trading on Friday, reaching $2.20. 25,501 shares of the company’s stock were exchanged, compared to its average volume of 76,198. Sound Group has a twelve month low of $1.49 and a twelve month high of $3.66. The firm’s fifty day moving average price is $2.17 and its 200-day moving average price is $1.99.

Sound Group Company Profile

Sound Group Inc operates as an audio-centric social and entertainment company. It focuses on building audio platform to connect and communicate. The company, through its product portfolio and in-house technologies, caters to user interest in audio entertainment and social networking. The company was formerly known as LIZHI INC.