DDC Enterprise Limited (NYSEAMERICAN:DDC) Short Interest Down 56.7% in August

DDC Enterprise Limited (NYSEAMERICAN:DDC) was the target of a large drop in short interest in August. As of August 14th, there was short interest totaling 115,300 shares, a drop of 56.7% from the July 30th total of 266,261 shares. Based on an average trading volume of 523,389 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.3% of the company’s stock are short sold.

Hedge Funds Weigh In On DDC Enterprise

An institutional investor recently bought a new stake in DDC Enterprise stock. Anson Funds Management LP acquired a new stake in shares of DDC Enterprise Limited (NYSEAMERICAN:DDC) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 956,694 shares of the company’s stock, valued at approximately $1,894,000. Anson Funds Management LP owned 4.11% of DDC Enterprise as of its most recent filing with the Securities and Exchange Commission (SEC). Hedge funds and other institutional investors own 0.22% of the company’s stock.

DDC Enterprise Trading Down 23.4%

NYSEAMERICAN:DDC traded down $0.13 on Friday, hitting $0.41. The stock had a trading volume of 2,962,414 shares, compared to its average volume of 996,186. DDC Enterprise has a 1 year low of $0.37 and a 1 year high of $14.19. The firm’s fifty day simple moving average is $0.64. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.86 and a current ratio of 0.88.

DDC Enterprise Company Profile

DDC Enterprise Ltd is a content driven consumer brand offering easy, convenient ready-to-heat, ready-to-cook, and plant-based meal products i.e. meal products consisting largely or solely of vegetables, fruits, grains, and other foods derived from plant-based protein, rather than animal protein) while promoting healthier lifestyle choices to the Millennial and Generation Z customer-base. The company’s operates in two operating segments: merchandise sales and fresh agriculture produce. It is also engaged in the provision of advertising services and the operation of experience stores to offer cooking classes.