Short Interest in GD Culture Group Limited (NASDAQ:GDC) Expands By 71.5%

GD Culture Group Limited (NASDAQ:GDC) was the target of a large growth in short interest during the month of August. As of August 31st, there was short interest totaling 620,092 shares, a growth of 71.5% from the August 15th total of 361,566 shares. Based on an average daily volume of 3,092,730 shares, the short-interest ratio is currently 0.2 days. Currently, 15.1% of the shares of the stock are short sold.

Analysts Set New Price Targets

GDC has been the topic of several research reports. Weiss Ratings raised GD Culture Group from a “sell (e+)” rating to a “sell (d-)” rating in a report on Friday, September 4th. Wall Street Zen cut GD Culture Group to a “strong sell” rating in a report on Saturday, July 4th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company currently has an average rating of “Sell”.

GD Culture Group Trading Up 3.7%

Shares of NASDAQ:GDC traded up $0.05 during trading on Thursday, reaching $1.37. The company’s stock had a trading volume of 158,956 shares, compared to its average volume of 537,941. GD Culture Group has a 12 month low of $1.27 and a 12 month high of $2,044.98. The firm’s 50 day simple moving average is $1.63 and its two-hundred day simple moving average is $294.21. The stock has a market capitalization of $5.70 million, a PE ratio of -0.00 and a beta of 1.97.

GD Culture Group (NASDAQ:GDC) last issued its quarterly earnings data on Friday, August 14th. The company reported ($53.40) earnings per share (EPS) for the quarter.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in GD Culture Group stock. Jefferies Financial Group Inc. purchased a new position in shares of GD Culture Group Limited (NASDAQ:GDC) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 10,417 shares of the company’s stock, valued at approximately $44,000. Institutional investors own 0.55% of the company’s stock.

GD Culture Group Company Profile

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.