Grande Group Limited (NASDAQ:GRAN) Sees Large Increase in Short Interest

Grande Group Limited (NASDAQ:GRAN) was the recipient of a large growth in short interest in June. As of June 15th, there was short interest totaling 203,945 shares, a growth of 1,685.4% from the May 31st total of 11,423 shares. Currently, 0.8% of the company’s stock are sold short. Based on an average daily volume of 2,046,030 shares, the short-interest ratio is currently 0.1 days.

Grande Group Trading Up 0.4%

NASDAQ:GRAN traded up $0.01 on Friday, hitting $1.31. The stock had a trading volume of 1,525 shares, compared to its average volume of 342,867. The firm’s fifty day simple moving average is $1.19 and its two-hundred day simple moving average is $2.17. Grande Group has a 1 year low of $0.80 and a 1 year high of $6.70.

Institutional Trading of Grande Group

An institutional investor recently bought a new position in Grande Group stock. Nomura Holdings Inc. purchased a new stake in shares of Grande Group Limited (NASDAQ:GRAN) during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 49,787 shares of the company’s stock, valued at approximately $144,000. Nomura Holdings Inc. owned approximately 0.20% of Grande Group as of its most recent SEC filing.

About Grande Group

Headquartered in Hong Kong, we are a holding company incorporated in the British Virgin Islands, and all of our business is carried out by our wholly-owned Operating Subsidiary in Hong Kong, Grande Capital. Grande Capital is a boutique financial firm that focuses on providing quality corporate finance advisory services to clients in Asia. Grande Capital is a licensed corporation under the SFO to engage in Type 1 (dealing in securities) and Type 6 (advising on corporate finance) regulated activities in Hong Kong.