Short Interest in Pop Culture Group Co., Ltd (NASDAQ:CPOP) Expands By 69.8%

Pop Culture Group Co., Ltd (NASDAQ:CPOP) saw a significant increase in short interest in November. As of November 15th, there was short interest totalling 60,800 shares, an increase of 69.8% from the October 31st total of 35,800 shares. Based on an average daily volume of 67,700 shares, the days-to-cover ratio is currently 0.9 days. Currently, 2.2% of the shares of the stock are sold short.

Pop Culture Group Stock Performance

Shares of CPOP stock traded up $0.04 during trading hours on Thursday, hitting $1.15. 32,852 shares of the company’s stock were exchanged, compared to its average volume of 1,286,365. The stock’s 50-day moving average is $1.21 and its 200-day moving average is $1.29. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.61 and a quick ratio of 1.61. 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.