Grande Group Limited (NASDAQ:GRAN) Stock Short Interest Jumps 207.4%

Grande Group Limited (NASDAQ:GRAN) was the target of a large increase in short interest during the month of September. As of September 15th, there was short interest totaling 98,146 shares, an increase of 207.4% from the August 31st total of 31,932 shares. Based on an average daily volume of 390,020 shares, the short-interest ratio is presently 0.3 days. Currently, 0.4% of the company’s stock are short sold.

Grande Group Stock Performance

Shares of Grande Group stock traded up $0.01 during trading hours on Friday, reaching $1.08. 3,267 shares of the stock traded hands, compared to its average volume of 211,262. The company has a 50 day moving average price of $1.28 and a 200 day moving average price of $1.28. Grande Group has a one year low of $0.80 and a one year high of $5.91. The company has a current ratio of 0.54, a quick ratio of 0.54 and a debt-to-equity ratio of 0.03.

Grande Group (NASDAQ:GRAN) last issued its quarterly earnings data on Friday, July 31st. The company reported ($0.04) earnings per share for the quarter. The firm had revenue of $0.76 million for the quarter.

Analysts Set New Price Targets

Separately, Weiss Ratings raised Grande Group from a “sell (d-)” rating to a “sell (d)” rating in a report on Monday, August 31st. One 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”.

Grande Group Company Profile

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.