Short Interest in Pop Culture Group Co., Ltd. (NASDAQ:CPOP) Drops By 35.6%

Pop Culture Group Co., Ltd. (NASDAQ:CPOP) was the recipient of a large drop in short interest in February. As of February 27th, there was short interest totaling 16,020 shares, a drop of 35.6% from the February 12th total of 24,874 shares. Based on an average daily volume of 19,979 shares, the short-interest ratio is currently 0.8 days. Approximately 0.1% of the shares of the stock are short sold. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily volume of 19,979 shares, the short-interest ratio is currently 0.8 days.

Pop Culture Group Price Performance

Shares of CPOP traded down $0.01 during mid-day trading on Friday, hitting $0.31. 15,098 shares of the company traded hands, compared to its average volume of 68,899. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.47 and a quick ratio of 1.47. The business has a 50-day moving average of $0.39 and a 200 day moving average of $0.67. Pop Culture Group has a one year low of $0.30 and a one year high of $2.61.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Pop Culture Group in a research note on Monday, December 29th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock has an average rating of “Sell”.

Institutional Investors Weigh In On Pop Culture Group

An institutional investor recently bought a new position in Pop Culture Group stock. Connective Capital Management LLC purchased a new stake in shares of Pop Culture Group Co., Ltd. (NASDAQ:CPOP) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 365,822 shares of the company’s stock, valued at approximately $325,000. Connective Capital Management LLC owned 9.29% of Pop Culture Group as of its most recent SEC filing.

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.