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

Pop Culture Group Co., Ltd. (NASDAQ:CPOP) was the recipient of a significant growth in short interest in the month of April. As of April 30th, there was short interest totaling 155,615 shares, a growth of 233.1% from the April 15th total of 46,715 shares. Based on an average trading volume of 364,696 shares, the short-interest ratio is currently 0.4 days. Approximately 1.2% of the shares of the company are short sold.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Pop Culture Group in a research note on Friday, April 10th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Pop Culture Group presently has an average rating of “Sell”.

Pop Culture Group Stock Performance

NASDAQ CPOP traded up $0.02 on Thursday, hitting $0.32. The stock had a trading volume of 131,369 shares, compared to its average volume of 103,416. The firm has a 50-day moving average of $0.32 and a 200-day moving average of $0.41. Pop Culture Group has a 52-week low of $0.28 and a 52-week high of $2.61.

Institutional Investors Weigh In On Pop Culture Group

A hedge fund recently bought a new stake in Pop Culture Group stock. Connective Capital Management LLC acquired a new stake in shares of Pop Culture Group Co., Ltd. (NASDAQ:CPOP) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 365,822 shares of the company’s stock, valued at approximately $325,000. Connective Capital Management LLC owned 9.29% of Pop Culture Group as of its most recent filing with the Securities and Exchange Commission (SEC).

Pop Culture Group Company Profile

Pop Culture Group (NASDAQ:CPOP) is a U.S.-based entertainment company specializing in the creation, production and operation of pop culture–themed live experiences, theatrical productions and branded events across North America.

The company collaborates with intellectual property owners in publishing, film, television and gaming to secure licensing rights for iconic franchises, which it then adapts into immersive live shows, touring family musicals and interactive exhibitions. Its portfolio encompasses stage adaptations of classic children’s literature, contemporary media franchises and original pop culture properties, delivered via regional tours, on-site activations and virtual extensions.

Beyond live entertainment, Pop Culture Group develops and retails consumer products and merchandise tied to its shows, providing design, marketing and distribution services that leverage its licensing relationships.