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

AGM Group Holdings Inc. (NASDAQ:AGMH) was the recipient of a significant increase in short interest in September. As of September 30th, there was short interest totalling 15,400 shares, an increase of 516.0% from the September 15th total of 2,500 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average trading volume of 130,900 shares, the days-to-cover ratio is presently 0.1 days.

Hedge Funds Weigh In On AGM Group

A hedge fund recently bought a new stake in AGM Group stock. Virtu Financial LLC purchased a new stake in AGM Group Holdings Inc. (NASDAQ:AGMH) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 18,556 shares of the company’s stock, valued at approximately $28,000.

AGM Group Stock Up 0.5 %

Shares of NASDAQ:AGMH opened at $1.84 on Friday. The firm’s 50 day moving average price is $1.33 and its 200 day moving average price is $1.11. AGM Group has a fifty-two week low of $0.46 and a fifty-two week 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.