GD Culture Group Limited (NASDAQ:GDC) Sees Significant Increase in Short Interest

GD Culture Group Limited (NASDAQ:GDC) saw a significant growth in short interest during the month of July. As of July 15th, there was short interest totaling 567,143 shares, a growth of 118.7% from the June 30th total of 259,370 shares. Based on an average trading volume of 929,724 shares, the short-interest ratio is presently 0.6 days. Approximately 237.3% of the shares of the stock are short sold.

Institutional Investors Weigh In On GD Culture Group

A number of large investors have recently added to or reduced their stakes in GDC. XTX Topco Ltd bought a new position in GD Culture Group during the second quarter worth $97,000. ExodusPoint Capital Management LP bought a new position in shares of GD Culture Group in the fourth quarter valued at about $106,000. Geode Capital Management LLC acquired a new stake in shares of GD Culture Group during the 4th quarter worth about $74,000. Finally, Jefferies Financial Group Inc. acquired a new stake in shares of GD Culture Group during the fourth quarter worth $44,000. Institutional investors own 0.55% of the company’s stock.

GD Culture Group Trading Down 9.7%

NASDAQ:GDC traded down $0.18 on Tuesday, hitting $1.64. The company’s stock had a trading volume of 154,907 shares, compared to its average volume of 393,384. GD Culture Group has a one year low of $1.39 and a one year high of $2,478.75. The firm has a market capitalization of $394,560.00, a P/E ratio of -0.00 and a beta of 1.91. The stock has a fifty day moving average of $12.72 and a two-hundred day moving average of $557.34.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on GDC shares. Wall Street Zen cut GD Culture Group to a “strong sell” rating in a research note on Saturday, July 4th. Weiss Ratings lowered shares of GD Culture Group from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Monday, June 15th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock has an average rating of “Sell”.

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.