Pop Culture Group Co., Ltd. (NASDAQ:CPOP) Short Interest Update

Pop Culture Group Co., Ltd. (NASDAQ:CPOP) was the target of a large decrease in short interest in the month of August. As of August 31st, there was short interest totaling 502,828 shares, a decrease of 40.9% from the August 15th total of 850,574 shares. Approximately 39.5% of the shares of the stock are short sold. Based on an average daily trading volume, of 327,265 shares, the days-to-cover ratio is currently 1.5 days.

Analyst Ratings Changes

Separately, Weiss Ratings lowered Pop Culture Group from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Thursday, June 25th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock presently has a consensus rating of “Sell”.

Pop Culture Group Stock Up 3.4%

Shares of NASDAQ CPOP traded up $0.11 during mid-day trading on Thursday, hitting $3.24. The company had a trading volume of 25,658 shares, compared to its average volume of 138,950. The business’s 50-day simple moving average is $5.45 and its 200 day simple moving average is $30.11. Pop Culture Group has a 1-year low of $3.06 and a 1-year high of $391.50.

Pop Culture Group Company Profile

Pop Culture Group (NASDAQ:CPOP) is a U.S.-based entertainment company specializing in the creation, production and operation of pop culture–themed live experiences, theatrical productions and branded events across North America.

The company collaborates with intellectual property owners in publishing, film, television and gaming to secure licensing rights for iconic franchises, which it then adapts into immersive live shows, touring family musicals and interactive exhibitions. Its portfolio encompasses stage adaptations of classic children’s literature, contemporary media franchises and original pop culture properties, delivered via regional tours, on-site activations and virtual extensions.

Beyond live entertainment, Pop Culture Group develops and retails consumer products and merchandise tied to its shows, providing design, marketing and distribution services that leverage its licensing relationships.