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

AGM Group Holdings Inc. (NASDAQ:AGMH) was the recipient of a significant 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. Approximately 0.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 115,100 shares, the days-to-cover ratio is presently 0.3 days.

AGM Group Stock Up 8.1 %

AGMH opened at $1.86 on Friday. AGM Group has a fifty-two week low of $0.46 and a fifty-two week high of $2.20. The company has a fifty day moving average of $1.71 and a 200 day moving average of $1.17.

Institutional Investors Weigh In On AGM Group

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

AGM Group Company Profile

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.