Short Interest in Sound Group Inc. (NASDAQ:SOGP) Decreases By 86.8%

Sound Group Inc. (NASDAQ:SOGP) was the target of a significant drop in short interest during the month of March. As of March 31st, there was short interest totalling 2,700 shares, a drop of 86.8% from the March 15th total of 20,500 shares. Based on an average trading volume of 74,200 shares, the short-interest ratio is presently 0.0 days. Approximately 0.1% of the shares of the company are sold short.

Sound Group Stock Down 0.9 %

SOGP stock traded down $0.02 on Monday, hitting $2.15. The company’s stock had a trading volume of 75,008 shares, compared to its average volume of 72,444. The firm has a 50 day moving average of $2.16 and a two-hundred day moving average of $2.03. Sound Group has a 1 year low of $1.49 and a 1 year high of $3.49.

Sound Group Company Profile

Sound Group Inc operates as an audio-centric social and entertainment company. It focuses on building audio platform to connect and communicate. The company, through its product portfolio and in-house technologies, caters to user interest in audio entertainment and social networking. The company was formerly known as LIZHI INC.