DDC Enterprise Limited (NYSEAMERICAN:DDC) Stock Short Interest Report for September

DDC Enterprise Limited (NYSEAMERICAN:DDC) was the target of a significant decrease in short interest in the month of September. As of September 30th, there was short interest totaling 150,459 shares, a decrease of 76.1% from the September 15th total of 629,496 shares. Based on an average trading volume of 11,374,712 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.3% of the company’s shares are sold short.

Institutional Investors 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 DDC Enterprise Limited (NYSEAMERICAN:DDC) during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor 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 at the end of the most recent reporting period. Hedge funds and other institutional investors own 0.22% of the company’s stock.

DDC Enterprise Price Performance

DDC Enterprise stock traded down $0.00 during mid-day trading on Tuesday, hitting $0.19. The stock had a trading volume of 2,304,484 shares, compared to its average volume of 1,456,878. The firm’s 50-day moving average is $0.36. DDC Enterprise has a 12 month low of $0.18 and a 12 month high of $9.66. The company has a quick ratio of 1.80, a current ratio of 1.83 and a debt-to-equity ratio of 0.11.

DDC Enterprise (NYSEAMERICAN:DDC) last announced its quarterly earnings data on Thursday, September 3rd. The company reported ($0.58) earnings per share for the quarter. The business had revenue of $10.06 million during the quarter.

About DDC Enterprise

DDC Enterprise Limited is a consumer food company focused on building and operating brands centered on Asian-inspired foods and flavors. The company serves consumers primarily through direct-to-consumer e-commerce and retail distribution channels.

Its brand portfolio includes products such as sauces, curry pastes, marinades, noodles, broths and other convenient food products. The company has been associated with brands including Yai’s Thai and Nona Lim, which offer Thai-inspired cooking products and Asian-style noodles, broths and sauces.

DDC Enterprise targets consumers in North America, with an emphasis on making Asian food products more accessible for home cooking.