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

Pop Culture Group Co., Ltd (NASDAQ:CPOP) was the target of a large increase in short interest in the month of October. As of October 15th, there was short interest totalling 59,800 shares, an increase of 249.7% from the September 30th total of 17,100 shares. Based on an average trading volume of 74,100 shares, the short-interest ratio is presently 0.8 days. Currently, 2.1% of the company’s shares are short sold.

Pop Culture Group Stock Performance

Pop Culture Group stock remained flat at $1.24 during midday trading on Friday. 29,925 shares of the company traded hands, compared to its average volume of 1,418,839. The stock’s fifty day moving average price is $1.17 and its 200-day moving average price is $1.40. Pop Culture Group has a 52-week low of $0.91 and a 52-week high of $9.67.

Pop Culture Group Company Profile

Pop Culture Group Co, Ltd hosts entertainment events to corporate clients in China. The company hosts concerts and hip-hop related events, including stage plays, dance competitions, cultural and musical festivals, and promotional parties, as well as creates hip-hop related online programs; and provides event planning and execution services comprising communication, planning, design, production, reception, execution, and analysis services to advertising and media service providers, industry associations, and companies in a range of industries, such as consumer goods, real estate, tourism, entertainment, technology, e-commerce, education, and sports.