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

AGM Group Holdings Inc. (NASDAQ:AGMHGet Free Report) was the target of a large growth in short interest in October. As of October 31st, there was short interest totalling 37,800 shares, a growth of 18.1% from the October 15th total of 32,000 shares. Based on an average daily volume of 115,100 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.2% of the company’s shares are sold short.

AGM Group Price Performance

AGMH stock opened at $1.86 on Friday. AGM Group has a 1 year low of $0.46 and a 1 year high of $2.20. The firm has a 50-day moving average of $1.70 and a 200 day moving average of $1.16.

Institutional Inflows and Outflows

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

AGM Group Company Profile

(Get Free Report)

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.

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