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

Pop Culture Group Co., Ltd (NASDAQ:CPOP) saw a large decline in short interest in March. As of March 15th, there was short interest totalling 312,800 shares, a decline of 73.0% from the February 28th total of 1,160,000 shares. Based on an average trading volume of 652,300 shares, the days-to-cover ratio is presently 0.5 days. Approximately 5.3% of the company’s shares are short sold.

Pop Culture Group Price Performance

NASDAQ CPOP traded down $0.03 on Friday, hitting $0.62. 93,941 shares of the company were exchanged, compared to its average volume of 723,692. The company has a quick ratio of 1.61, a current ratio of 1.61 and a debt-to-equity ratio of 0.10. The stock has a fifty day moving average of $0.74 and a 200-day moving average of $1.02. Pop Culture Group has a 12 month low of $0.50 and a 12 month high of $4.30.

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.