Sound Group Inc. (NASDAQ:SOGP) Short Interest Update

Sound Group Inc. (NASDAQ:SOGP) saw a large decline in short interest in the month of April. As of April 15th, there was short interest totalling 16,100 shares, a decline of 28.4% from the March 31st total of 22,500 shares. Approximately 0.4% of the company’s shares are short sold. Based on an average daily trading volume, of 793,300 shares, the short-interest ratio is presently 0.0 days.

Sound Group Trading Down 3.4 %

Shares of SOGP stock traded down $0.10 on Monday, reaching $2.91. 7,576 shares of the stock were exchanged, compared to its average volume of 634,133. The stock has a market cap of $15.06 million, a PE ratio of 2.94 and a beta of 1.71. The stock’s 50 day moving average price is $3.46. Sound Group has a 1-year low of $2.19 and a 1-year high of $12.20.

About Sound Group

Sound Group Inc operates as an audio-centric social and entertainment company. It focuses on building audio platform to connect and communicate. The company, through its product portfolio and in-house technologies, caters to user interest in audio entertainment and social networking. The company was formerly known as LIZHI INC.