GD Culture Group Limited (NASDAQ:GDC) Short Interest Up 118.7% in July

GD Culture Group Limited (NASDAQ:GDC) was the recipient of a large growth in short interest in the month of July. As of July 15th, there was short interest totaling 567,143 shares, a growth of 118.7% from the June 30th total of 259,370 shares. Approximately 237.3% of the shares of the stock are sold short. Based on an average daily volume of 929,724 shares, the short-interest ratio is currently 0.6 days.

GD Culture Group Stock Down 7.5%

GD Culture Group stock traded down $0.12 during midday trading on Wednesday, reaching $1.49. The stock had a trading volume of 169,248 shares, compared to its average volume of 392,079. The firm has a market cap of $362,070.00, a price-to-earnings ratio of -0.00 and a beta of 1.91. GD Culture Group has a 52-week low of $1.39 and a 52-week high of $2,478.75. The company has a fifty day moving average of $12.05 and a 200 day moving average of $549.54.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on GDC shares. Weiss Ratings downgraded shares of GD Culture Group from a “sell (d-)” rating to a “sell (e+)” rating in a report on Monday, June 15th. Wall Street Zen cut shares of GD Culture Group to a “strong sell” rating in a research note on Saturday, July 4th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, GD Culture Group has a consensus rating of “Sell”.

Institutional Investors Weigh In On GD Culture Group

Several hedge funds and other institutional investors have recently modified their holdings of the business. Jefferies Financial Group Inc. bought a new stake in shares of GD Culture Group during the 4th quarter worth approximately $44,000. Geode Capital Management LLC bought a new position in GD Culture Group in the 4th quarter valued at $74,000. ExodusPoint Capital Management LP purchased a new stake in GD Culture Group in the fourth quarter worth $106,000. Finally, XTX Topco Ltd purchased a new stake in GD Culture Group in the second quarter worth $97,000. 0.55% of the stock is currently owned by hedge funds and other institutional investors.

GD Culture Group Company Profile

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. It also publishes books in corporate history, finance, and economics, as well as plans and organizes online and offline activities, such as new book launches and book sharing sessions to promote new books and build influence and reputation for the corporate clients.