Short Interest in GD Culture Group Limited (NASDAQ:GDC) Rises By 118.7%

GD Culture Group Limited (NASDAQ:GDC) was the target of 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. Currently, 237.3% of the shares of the company are sold short. Based on an average trading volume of 929,724 shares, the short-interest ratio is currently 0.6 days.

Wall Street Analysts Forecast Growth

GDC has been the subject of several analyst reports. Wall Street Zen downgraded GD Culture Group to a “strong sell” rating in a report on Saturday, July 4th. Weiss Ratings lowered GD Culture Group from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Monday, June 15th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, GD Culture Group has an average rating of “Sell”.

Institutional Investors Weigh In On GD Culture Group

Hedge funds have recently modified their holdings of the business. Jefferies Financial Group Inc. bought a new stake in GD Culture Group in the 4th quarter valued at $44,000. Geode Capital Management LLC bought a new stake in shares of GD Culture Group in the fourth quarter valued at about $74,000. XTX Topco Ltd bought a new stake in shares of GD Culture Group in the second quarter valued at about $97,000. Finally, ExodusPoint Capital Management LP acquired a new stake in GD Culture Group during the fourth quarter worth about $106,000. 0.55% of the stock is owned by institutional investors.

GD Culture Group Trading Down 9.7%

GD Culture Group stock traded down $0.18 on Tuesday, reaching $1.64. 154,907 shares of the stock were exchanged, compared to its average volume of 393,384. GD Culture Group has a twelve month low of $1.39 and a twelve month high of $2,478.75. The firm has a fifty day moving average price of $12.72 and a two-hundred day moving average price of $557.34. The stock has a market cap of $394,560.00, a PE ratio of -0.00 and a beta of 1.91.

About GD Culture Group

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.