GD Culture Group Limited (NASDAQ:GDC) Short Interest Down 96.1% in June

GD Culture Group Limited (NASDAQ:GDC) was the target of a significant decline in short interest in June. As of June 30th, there was short interest totaling 259,370 shares, a decline of 96.1% from the June 15th total of 6,624,610 shares. Based on an average trading volume of 3,380,913 shares, the days-to-cover ratio is presently 0.1 days. Currently, 108.5% of the company’s stock are short sold.

GD Culture Group Trading Down 1.9%

GDC stock traded down $0.03 during midday trading on Friday, hitting $1.59. The company’s stock had a trading volume of 1,889,692 shares, compared to its average volume of 1,235,116. The firm’s 50-day moving average is $74.45 and its 200-day moving average is $653.21. GD Culture Group has a 12 month low of $1.45 and a 12 month high of $2,478.75. The company has a market cap of $381,600.00, a PE ratio of -0.00 and a beta of 1.91.

Institutional Inflows and Outflows

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

Wall Street Analyst Weigh In

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

About GD Culture Group

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.