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

AGM Group Holdings Inc. (NASDAQ:AGMH) saw a significant growth in short interest during the month of December. As of December 31st, there was short interest totalling 154,600 shares, a growth of 295.4% from the December 15th total of 39,100 shares. Approximately 0.9% of the shares of the stock are sold short. Based on an average daily volume of 90,600 shares, the short-interest ratio is currently 1.7 days.

AGM Group Stock Down 3.0 %

AGMH traded down $0.04 during mid-day trading on Monday, reaching $1.30. The stock had a trading volume of 3,622 shares, compared to its average volume of 16,200. AGM Group has a 52 week low of $0.46 and a 52 week high of $2.20. The firm’s fifty day simple moving average is $1.63 and its two-hundred day simple moving average is $1.35.

Institutional Trading of AGM Group

An institutional investor recently bought a new position in AGM Group stock. Virtu Financial LLC bought a new position in shares of AGM Group Holdings Inc. (NASDAQ:AGMH) in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund 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.

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.