DDC Enterprise Limited (NYSEAMERICAN:DDC) Sees Large Decrease in Short Interest

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

DDC Enterprise Trading Down 23.4%

DDC stock traded down $0.13 during trading on Friday, reaching $0.41. The stock had a trading volume of 2,962,414 shares, compared to its average volume of 996,186. 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 has a one year low of $0.37 and a one year high of $14.19. The stock has a 50 day moving average price of $0.64.

Institutional Trading of DDC Enterprise

An institutional investor recently bought a new position in DDC Enterprise stock. Anson Funds Management LP purchased a new position in shares of DDC Enterprise Limited (NYSEAMERICAN:DDC) during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 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 quarter. 0.22% of the stock is currently owned by hedge funds and other institutional investors.

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.