Sound Group Inc. (NASDAQ:SOGP) Sees Large Decrease in Short Interest

Sound Group Inc. (NASDAQ:SOGP) saw a significant drop in short interest during the month of March. As of March 31st, there was short interest totalling 2,700 shares, a drop of 86.8% from the March 15th total of 20,500 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 74,200 shares, the days-to-cover ratio is presently 0.0 days.

Sound Group Trading Down 0.5 %

NASDAQ:SOGP traded down $0.01 during mid-day trading on Wednesday, hitting $2.11. The stock had a trading volume of 362 shares, compared to its average volume of 71,786. The company has a 50 day simple moving average of $2.16 and a 200-day simple moving average of $2.03. Sound Group has a 52 week low of $1.49 and a 52 week high of $3.49.

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.