Short Interest in AGM Group Holdings Inc. (NASDAQ:AGMH) Expands By 295.4%

AGM Group Holdings Inc. (NASDAQ:AGMHGet Free Report) was the recipient of a large increase in short interest in December. As of December 31st, there was short interest totalling 154,600 shares, an increase of 295.4% from the December 15th total of 39,100 shares. Based on an average daily volume of 90,600 shares, the days-to-cover ratio is presently 1.7 days. Currently, 0.9% of the shares of the stock are sold short.

Hedge Funds Weigh In On AGM Group

An institutional investor recently bought a new position in AGM Group stock. Virtu Financial LLC purchased a new stake in AGM Group Holdings Inc. (NASDAQ:AGMHFree Report) in the 3rd quarter, according to its most recent filing with the SEC. The fund purchased 18,456 shares of the company’s stock, valued at approximately $32,000. Virtu Financial LLC owned about 0.07% of AGM Group as of its most recent filing with the SEC.

AGM Group Price Performance

Shares of AGMH stock opened at $1.28 on Wednesday. AGM Group has a twelve month low of $0.46 and a twelve month high of $2.20. The firm has a 50-day moving average price of $1.61 and a 200 day moving average price of $1.36.

About AGM Group

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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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