AGM Group Holdings Inc. (NASDAQ:AGMH) Sees Significant Drop in Short Interest

AGM Group Holdings Inc. (NASDAQ:AGMH) was the recipient of a large drop in short interest in the month of March. As of March 31st, there was short interest totalling 896,200 shares, a drop of 77.3% from the March 15th total of 3,940,000 shares. Approximately 5.2% of the shares of the stock are sold short. Based on an average daily volume of 24,880,000 shares, the short-interest ratio is currently 0.0 days.

Hedge Funds Weigh In On AGM Group

An institutional investor recently bought a new position in AGM Group stock. Virtu Financial LLC bought a new stake in shares of AGM Group Holdings Inc. (NASDAQ:AGMH) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 18,456 shares of the company’s stock, valued at approximately $32,000. Virtu Financial LLC owned approximately 0.07% of AGM Group as of its most recent SEC filing.

AGM Group Stock Up 7.8 %

Shares of AGMH opened at $0.03 on Tuesday. AGM Group has a 1 year low of $0.02 and a 1 year high of $2.19. The company has a 50 day simple moving average of $0.29 and a two-hundred day simple moving average of $1.13.

About AGM Group

AGM Group Holdings Inc operates as a technology company, engages in the research and development of blockchain-oriented ASIC chip in Singapore, Hong Kong, and China. The company offers MetaTrader 5, a futures trading solution; and foreign exchange trading system that provides services to financial institutions.