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

DDC Enterprise Limited (NYSEAMERICAN:DDC) was the target of a large growth in short interest during the month of October. As of October 15th, there was short interest totaling 251,764 shares, a growth of 67.3% from the September 30th total of 150,459 shares. Based on an average daily volume of 9,359,129 shares, the short-interest ratio is presently 0.0 days. Approximately 0.4% of the shares of the company are short sold.

Hedge Funds Weigh In On DDC Enterprise

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

DDC Enterprise Price Performance

Shares of NYSEAMERICAN DDC opened at $0.14 on Monday. DDC Enterprise has a 12 month low of $0.12 and a 12 month high of $8.00. The business’s 50 day moving average is $0.26 and its two-hundred day moving average is $0.78. 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 (EPS) for the quarter. The firm had revenue of $10.06 million for the quarter.

DDC Enterprise Company Profile

DDC Enterprise Limited is a consumer food company that develops, markets and sells Asian-inspired food products. Its offerings include ready-to-cook meal kits, packaged foods, snacks and other convenient culinary products designed for home preparation and consumption.

The company operates through its DayDayCook brand, which combines food products with recipes, cooking content and digital commerce. Its business model is intended to connect consumers with Asian flavors through online channels and retail distribution.

DDC Enterprise was founded in Hong Kong in 2012 by Norma Chu, who serves as the company’s chief executive officer.