AGM Group Holdings Inc. (NASDAQ:AGMH) Short Interest Up 295.4% in December

AGM Group Holdings Inc. (NASDAQ:AGMH) saw a large increase in short interest during the month of December. As of December 31st, there was short interest totalling 154,600 shares, an increase of 295.4% from the December 15th total of 39,100 shares. Currently, 0.9% of the company’s shares are short sold. Based on an average trading volume of 90,600 shares, the days-to-cover ratio is presently 1.7 days.

Hedge Funds Weigh In On AGM Group

A hedge fund recently bought a new stake in AGM Group stock. Virtu Financial LLC bought a new position in AGM Group Holdings Inc. (NASDAQ:AGMH) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 18,456 shares of the company’s stock, valued at approximately $32,000. Virtu Financial LLC owned 0.07% of AGM Group at the end of the most recent quarter.

AGM Group Trading Down 3.6 %

Shares of AGMH stock opened at $1.28 on Wednesday. The firm’s 50-day simple moving average is $1.61 and its 200-day simple moving average is $1.36. AGM Group has a 1-year low of $0.46 and a 1-year high of $2.20.

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.