Everbright Digital Holding Limited (NASDAQ:EDHL) Short Interest Up 2,467.2% in October

Everbright Digital Holding Limited (NASDAQ:EDHLGet Free Report) was the recipient of a significant increase in short interest in the month of October. As of October 15th, there was short interest totaling 970,400 shares, an increase of 2,467.2% from the September 30th total of 37,800 shares. Based on an average daily trading volume, of 4,600,000 shares, the days-to-cover ratio is presently 0.2 days. Approximately 3.6% of the company’s shares are short sold. Approximately 3.6% of the company’s shares are short sold. Based on an average daily trading volume, of 4,600,000 shares, the days-to-cover ratio is presently 0.2 days.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “sell (e)” rating on shares of Everbright Digital in a research note on Tuesday, October 14th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock has a consensus rating of “Sell”.

Check Out Our Latest Stock Report on Everbright Digital

Everbright Digital Trading Up 3.9%

Shares of EDHL opened at $0.79 on Tuesday. Everbright Digital has a 52-week low of $0.36 and a 52-week high of $6.88. The firm has a 50 day simple moving average of $0.68.

Everbright Digital Company Profile

(Get Free Report)

We are an integrated marketing solutions provider in Hong Kong that is deeply involved in the metaverse and related technologies, and are committed to providing one-stop digital marketing services to support businesses through every stage of their development. Under the all-in-one service, our revenue is generated by providing tailored marketing solutions that address the specific needs of our clients in the context of the ever-developing nature of new forms of media.

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