Short Interest in GD Culture Group Limited (NASDAQ:GDC) Rises By 509.2%

GD Culture Group Limited (NASDAQ:GDC) was the target of a large increase in short interest in November. As of November 15th, there was short interest totalling 438,600 shares, an increase of 509.2% from the October 31st total of 72,000 shares. Currently, 4.0% of the company’s stock are short sold. Based on an average trading volume of 508,900 shares, the days-to-cover ratio is currently 0.9 days.

GD Culture Group Stock Performance

Shares of GDC traded up $0.24 during mid-day trading on Wednesday, reaching $2.57. The company had a trading volume of 97,444 shares, compared to its average volume of 991,956. The firm has a 50-day moving average price of $2.58 and a 200 day moving average price of $2.35. GD Culture Group has a 52 week low of $0.59 and a 52 week high of $12.18.

GD Culture Group Company Profile

GD Culture Group Limited operates as an integrated marketing service agency. The company focuses on enterprise brand management, crisis public relations, intelligent public opinion monitoring, media PR, financial and economic we-media operation, digital face application, exhibition services, and other businesses.