Short Interest in AGM Group Holdings Inc. (NASDAQ:AGMH) Increases By 14.0%

AGM Group Holdings Inc. (NASDAQ:AGMH) saw a large growth in short interest during the month of December. As of December 15th, there was short interest totalling 39,100 shares, a growth of 14.0% from the November 30th total of 34,300 shares. Based on an average daily volume of 111,100 shares, the short-interest ratio is currently 0.4 days. Approximately 0.2% of the shares of the company are short sold.

Institutional Trading of AGM Group

A hedge fund recently bought a new stake in AGM Group stock. Virtu Financial LLC bought a new position in AGM Group Holdings Inc. (NASDAQ:AGMH) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 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 Securities and Exchange Commission.

AGM Group Stock Down 0.8 %

Shares of NASDAQ AGMH traded down $0.01 during mid-day trading on Monday, hitting $1.24. The company had a trading volume of 4,427 shares, compared to its average volume of 108,071. The business’s 50-day simple moving average is $1.71 and its 200-day simple moving average is $1.30. AGM Group has a 12 month low of $0.46 and a 12 month high of $2.20.

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.