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

GD Culture Group Limited (NASDAQ:GDC) was the target of a significant increase in short interest during the month of July. As of July 15th, there was short interest totaling 567,143 shares, an increase of 118.7% from the June 30th total of 259,370 shares. Based on an average daily volume of 929,724 shares, the short-interest ratio is currently 0.6 days. Currently, 237.3% of the shares of the stock are sold short.

Analyst Ratings Changes

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

GD Culture Group Stock Performance

Shares of NASDAQ:GDC traded up $0.10 during midday trading on Thursday, reaching $1.57. The company had a trading volume of 128,762 shares, compared to its average volume of 390,328. The company has a fifty day simple moving average of $11.50 and a two-hundred day simple moving average of $541.84. The firm has a market cap of $376,800.00, a price-to-earnings ratio of -0.00 and a beta of 1.91. GD Culture Group has a 1-year low of $1.39 and a 1-year high of $2,478.75.

Institutional Inflows and Outflows

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

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.