Color Star Technology Co., Ltd. (NASDAQ:ADD) Short Interest Update

Color Star Technology Co., Ltd. (NASDAQ:ADD) was the recipient of a significant decline in short interest in November. As of November 15th, there was short interest totalling 25,000 shares, a decline of 98.2% from the October 31st total of 1,360,000 shares. Currently, 4.3% of the company’s shares are short sold. Based on an average trading volume of 35,500 shares, the short-interest ratio is currently 0.7 days.

Institutional Trading of Color Star Technology

A hedge fund recently raised its stake in Color Star Technology stock. Jane Street Group LLC raised its position in Color Star Technology Co., Ltd. (NASDAQ:ADD) by 713.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 324,976 shares of the company’s stock after purchasing an additional 285,016 shares during the quarter. Jane Street Group LLC owned 0.62% of Color Star Technology worth $331,000 at the end of the most recent reporting period. Institutional investors and hedge funds own 3.44% of the company’s stock.

Color Star Technology Stock Down 6.0 %

NASDAQ ADD opened at $3.94 on Thursday. The stock’s 50-day moving average is $40.98 and its 200-day moving average is $41.08. Color Star Technology has a one year low of $3.55 and a one year high of $185.00.

Color Star Technology Company Profile

Color Star Technology Co, Ltd., an entertainment and education company, provides online entertainment performances and music education services in the United States and China. The company operates Color World, an online platform of curriculum that includes music, sports, animation, painting and calligraphy, film and television, life skills, etc.