Pop Culture Group Co., Ltd. (NASDAQ:CPOP) Short Interest Update

Pop Culture Group Co., Ltd. (NASDAQ:CPOP) was the recipient of a large growth in short interest in September. As of September 30th, there was short interest totaling 944,000 shares, a growth of 109.1% from the September 15th total of 451,500 shares. Based on an average daily trading volume, of 3,330,000 shares, the short-interest ratio is currently 0.3 days. Currently, 3.2% of the shares of the stock are sold short. Currently, 3.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 3,330,000 shares, the short-interest ratio is currently 0.3 days.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on CPOP shares. Weiss Ratings reiterated a “sell (e+)” rating on shares of Pop Culture Group in a research report on Wednesday, October 8th. Wall Street Zen upgraded Pop Culture Group to a “hold” rating in a research report on Saturday, September 20th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, Pop Culture Group has an average rating of “Sell”.

Pop Culture Group Price Performance

NASDAQ CPOP opened at $0.79 on Monday. The business has a fifty day moving average price of $1.15 and a 200 day moving average price of $0.82. Pop Culture Group has a one year low of $0.46 and a one year high of $2.61.

About Pop Culture Group

Pop Culture Group Co, Ltd hosts entertainment events to corporate clients in China. The company hosts concerts and hip-hop related events, including stage plays, dance competitions, cultural and musical festivals, and promotional parties, as well as creates hip-hop related online programs; and provides event planning and execution services comprising communication, planning, design, production, reception, execution, and analysis services to advertising and media service providers, industry associations, and companies in a range of industries, such as consumer goods, real estate, tourism, entertainment, technology, e-commerce, education, and sports.