DDC Enterprise Limited (NYSEAMERICAN:DDC) Short Interest Update

DDC Enterprise Limited (NYSEAMERICAN:DDC) saw a large 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. Currently, 0.3% of the shares of the company are sold short. Based on an average daily trading volume, of 523,389 shares, the days-to-cover ratio is currently 0.2 days.

DDC Enterprise Price Performance

DDC traded down $0.13 during trading on Friday, hitting $0.41. 2,962,414 shares of the company traded hands, compared to its average volume of 996,186. The firm’s fifty day moving average price is $0.64. 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.

Institutional Investors Weigh In On DDC Enterprise

An institutional investor recently bought a new position in DDC Enterprise stock. Anson Funds Management LP purchased a new position in DDC Enterprise Limited (NYSEAMERICAN:DDC) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund 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. Institutional investors own 0.22% of the company’s stock.

About DDC Enterprise

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.