GD Culture Group Limited (NASDAQ:GDC) Short Interest Update

GD Culture Group Limited (NASDAQ:GDC) saw a large drop in short interest during the month of June. As of June 30th, there was short interest totaling 259,370 shares, a drop of 96.1% from the June 15th total of 6,624,610 shares. Based on an average daily volume of 3,380,913 shares, the days-to-cover ratio is currently 0.1 days. Approximately 108.5% of the shares of the company are sold short.

GD Culture Group Stock Performance

GDC traded down $0.03 during trading on Friday, reaching $1.59. The company’s stock had a trading volume of 1,889,692 shares, compared to its average volume of 1,314,642. The company’s fifty day moving average price is $74.45 and its 200-day moving average price is $648.15. GD Culture Group has a 52-week low of $1.45 and a 52-week high of $2,478.75. The company has a market capitalization of $381,600.00, a price-to-earnings ratio of -0.00 and a beta of 1.91.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the company. Wall Street Zen cut GD Culture Group to a “strong sell” rating in a research note on Saturday, July 4th. Weiss Ratings cut shares of GD Culture Group from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Monday, June 15th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, GD Culture Group currently has a consensus rating of “Sell”.

Institutional Trading of GD Culture Group

A number of institutional investors have recently modified their holdings of the business. Jefferies Financial Group Inc. acquired a new position in GD Culture Group during the fourth quarter worth $44,000. Geode Capital Management LLC acquired a new stake in GD Culture Group in the fourth quarter valued at $74,000. XTX Topco Ltd purchased a new stake in shares of GD Culture Group during the 2nd quarter worth $97,000. Finally, ExodusPoint Capital Management LP purchased a new stake in shares of GD Culture Group during the 4th quarter worth $106,000. 0.55% of the stock is currently owned by hedge funds and other institutional investors.

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.