Grande Group Limited (NASDAQ:GRAN) Short Interest Down 42.1% in January

Grande Group Limited (NASDAQ:GRAN) was the target of a significant decline in short interest in January. As of January 15th, there was short interest totaling 28,816 shares, a decline of 42.1% from the December 31st total of 49,811 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily volume of 32,405 shares, the short-interest ratio is currently 0.9 days. Based on an average daily volume of 32,405 shares, the short-interest ratio is currently 0.9 days. Currently, 0.1% of the shares of the stock are short sold.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a “sell (e-)” rating on shares of Grande Group in a research note on Wednesday, October 8th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Grande Group currently has an average rating of “Sell”.

Hedge Funds Weigh In On Grande Group

A hedge fund recently bought a new stake in Grande Group stock. Citadel Advisors LLC bought a new stake in Grande Group Limited (NASDAQ:GRAN) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 10,920 shares of the company’s stock, valued at approximately $33,000.

Grande Group Trading Down 2.1%

GRAN traded down $0.06 during trading hours on Friday, reaching $2.74. The company’s stock had a trading volume of 5,435 shares, compared to its average volume of 33,414. The business’s 50-day moving average is $3.54 and its 200-day moving average is $3.68. Grande Group has a fifty-two week low of $1.81 and a fifty-two week high of $6.70.

Grande Group (NASDAQ:GRAN) last announced its quarterly earnings results on Friday, December 12th. The company reported ($0.03) EPS for the quarter. The firm had revenue of $0.15 million during the quarter.

About Grande Group

Headquartered in Hong Kong, we are a holding company incorporated in the British Virgin Islands, and all of our business is carried out by our wholly-owned Operating Subsidiary in Hong Kong, Grande Capital. Grande Capital is a boutique financial firm that focuses on providing quality corporate finance advisory services to clients in Asia. Grande Capital is a licensed corporation under the SFO to engage in Type 1 (dealing in securities) and Type 6 (advising on corporate finance) regulated activities in Hong Kong.