Pop Culture Group Co., Ltd (NASDAQ:CPOP) Short Interest Update

Pop Culture Group Co., Ltd (NASDAQ:CPOP) was the target of a significant increase in short interest in the month of December. As of December 31st, there was short interest totalling 38,200 shares, an increase of 61.2% from the December 15th total of 23,700 shares. Currently, 1.4% of the company’s stock are short sold. Based on an average daily volume of 84,200 shares, the days-to-cover ratio is presently 0.5 days.

Pop Culture Group Trading Up 2.8 %

Shares of NASDAQ:CPOP traded up $0.03 on Friday, hitting $1.09. 3,158 shares of the company traded hands, compared to its average volume of 136,178. The stock has a 50 day simple moving average of $1.16 and a 200-day simple moving average of $1.20. Pop Culture Group has a 52 week low of $0.95 and a 52 week high of $9.67. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.61 and a quick ratio of 1.61.

About Pop Culture Group

Pop Culture Group Co, Ltd hosts entertainment events to corporate clients in China. The company hosts concerts and hip-hop related events, including stage plays, dance competitions, cultural and musical festivals, and promotional parties, as well as creates hip-hop related online programs; and provides event planning and execution services comprising communication, planning, design, production, reception, execution, and analysis services to advertising and media service providers, industry associations, and companies in a range of industries, such as consumer goods, real estate, tourism, entertainment, technology, e-commerce, education, and sports.