AGM Group Holdings Inc. (NASDAQ:AGMH) Short Interest Up 67.1% in February

AGM Group Holdings Inc. (NASDAQ:AGMH) saw a large growth in short interest in the month of February. As of February 15th, there was short interest totalling 439,900 shares, a growth of 67.1% from the January 31st total of 263,300 shares. Based on an average daily volume of 77,700 shares, the days-to-cover ratio is currently 5.7 days. Currently, 2.6% of the company’s shares are sold short.

AGM Group Stock Down 59.5 %

Shares of NASDAQ AGMH opened at $0.13 on Tuesday. AGM Group has a twelve month low of $0.13 and a twelve month high of $2.19. The business has a fifty day simple moving average of $1.04 and a two-hundred day simple moving average of $1.41.

Hedge Funds Weigh In On AGM Group

A hedge fund recently bought a new stake in AGM Group stock. Virtu Financial LLC bought a new position in shares of AGM Group Holdings Inc. (NASDAQ:AGMH) during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor bought 18,456 shares of the company’s stock, valued at approximately $32,000. Virtu Financial LLC owned approximately 0.07% of AGM Group at the end of the most recent reporting period.

About AGM Group

AGM Group Holdings Inc operates as a technology company, engages in the research and development of blockchain-oriented ASIC chip in Singapore, Hong Kong, and China. The company offers MetaTrader 5, a futures trading solution; and foreign exchange trading system that provides services to financial institutions.