Color Star Technology Co., Ltd. (NASDAQ:ADD) Short Interest Down 23.8% in March

Color Star Technology Co., Ltd. (NASDAQ:ADD) saw a large decrease in short interest during the month of March. As of March 15th, there was short interest totalling 103,000 shares, a decrease of 23.8% from the February 28th total of 135,200 shares. Based on an average daily trading volume, of 1,650,000 shares, the short-interest ratio is presently 0.1 days. Currently, 18.0% of the company’s stock are sold short.

Color Star Technology Stock Up 2.2 %

ADD stock opened at $0.72 on Wednesday. The business has a 50 day moving average of $1.17 and a 200 day moving average of $17.59. Color Star Technology has a twelve month low of $0.64 and a twelve month high of $185.00.

Hedge Funds Weigh In On Color Star Technology

A hedge fund recently raised its stake in Color Star Technology stock. Jane Street Group LLC lifted its position in Color Star Technology Co., Ltd. (NASDAQ:ADD) by 713.3% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 324,976 shares of the company’s stock after buying an additional 285,016 shares during the period. Jane Street Group LLC owned about 0.62% of Color Star Technology worth $331,000 as of its most recent SEC filing. 3.44% of the stock is owned by institutional investors.

About Color Star Technology

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.