Color Star Technology Co., Ltd. (NASDAQ:ADD) Short Interest Update

Color Star Technology Co., Ltd. (NASDAQ:ADD) was the target of a large decline in short interest in January. As of January 31st, there was short interest totalling 175,700 shares, a decline of 44.2% from the January 15th total of 314,600 shares. Based on an average trading volume of 1,710,000 shares, the short-interest ratio is currently 0.1 days. Approximately 30.7% of the shares of the stock are short sold.

Color Star Technology Trading Down 4.0 %

Shares of Color Star Technology stock opened at $1.19 on Friday. Color Star Technology has a twelve month low of $1.12 and a twelve month high of $185.00. The firm’s 50-day simple moving average is $1.96 and its 200-day simple moving average is $32.85.

Hedge Funds Weigh In On Color Star Technology

An institutional investor recently raised its position in Color Star Technology stock. Jane Street Group LLC increased its holdings in shares of Color Star Technology Co., Ltd. (NASDAQ:ADD) by 713.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 324,976 shares of the company’s stock after buying an additional 285,016 shares during the period. Jane Street Group LLC owned 0.62% of Color Star Technology worth $331,000 at the end of the most recent quarter. 3.44% of the stock is currently owned by institutional investors.

Color Star Technology Company Profile

Color Star Technology Co, Ltd., an entertainment and education company, provides online entertainment performances and music education services in the United States and China. The company operates Color World, an online platform of curriculum that includes music, sports, animation, painting and calligraphy, film and television, life skills, etc.