AGM Group Holdings Inc. (NASDAQ:AGMH) Short Interest Down 48.7% in June

AGM Group Holdings Inc. (NASDAQ:AGMH) saw a significant decline in short interest in the month of June. As of June 15th, there was short interest totalling 22,900 shares, a decline of 48.7% from the May 31st total of 44,600 shares. Based on an average daily trading volume, of 140,600 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.1% of the company’s shares are sold short.

AGM Group Stock Performance

AGM Group stock traded up $0.02 during midday trading on Friday, hitting $0.57. 9,981 shares of the company were exchanged, compared to its average volume of 105,689. AGM Group has a fifty-two week low of $0.50 and a fifty-two week high of $2.20. The company’s fifty day moving average price is $0.97 and its 200-day moving average price is $1.48.

Institutional Trading of AGM Group

An institutional investor recently bought a new position in AGM Group stock. Virtu Financial LLC purchased a new position in AGM Group Holdings Inc. (NASDAQ:AGMH) in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 18,556 shares of the company’s stock, valued at approximately $28,000.

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.