Short Interest in Sentage Holdings Inc. (NASDAQ:SNTG) Rises By 447.8%

Sentage Holdings Inc. (NASDAQ:SNTG – Get Rating) saw a large growth in short interest during the month of May. As of May 15th, there was short interest totalling 50,400 shares, a growth of 447.8% from the April 30th total of 9,200 shares. Based on an average daily volume of 1,200,000 shares, the days-to-cover ratio is currently 0.0 days. Approximately 4.8% of the company’s stock are short sold.

Institutional Trading of Sentage

An institutional investor recently raised its position in Sentage stock. Jane Street Group LLC boosted its position in shares of Sentage Holdings Inc. (NASDAQ:SNTG – Get Rating) by 98.3% during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 24,980 shares of the company’s stock after purchasing an additional 12,381 shares during the quarter. Jane Street Group LLC owned about 0.89% of Sentage worth $57,000 at the end of the most recent reporting period. Hedge funds and other institutional investors own 1.95% of the company’s stock.

Sentage Price Performance

SNTG stock traded down $0.06 during trading on Friday, hitting $2.25. 18,550 shares of the stock traded hands, compared to its average volume of 779,012. Sentage has a 1 year low of $1.44 and a 1 year high of $9.63. The firm’s 50 day moving average is $2.13 and its two-hundred day moving average is $2.21. The company has a debt-to-equity ratio of 0.01, a quick ratio of 35.41 and a current ratio of 35.41.

Sentage Company Profile

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Sentage Holdings Inc provides a range of financial services. The company offers consumer loan repayment and collection management, loan recommendation, and prepaid payment network services in China. Sentage Holdings Inc was incorporated in 2019 and is based in Shanghai, the People's Republic of China.