Short Interest in AGM Group Holdings Inc. (NASDAQ:AGMH) Expands By 545.3%

AGM Group Holdings Inc. (NASDAQ:AGMH) saw a significant growth in short interest in the month of March. As of March 15th, there was short interest totalling 3,940,000 shares, a growth of 545.3% from the February 28th total of 610,600 shares. Approximately 23.0% of the shares of the company are sold short. Based on an average daily volume of 19,170,000 shares, the days-to-cover ratio is currently 0.2 days.

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 position in shares of AGM Group Holdings Inc. (NASDAQ:AGMH) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 18,456 shares of the company’s stock, valued at approximately $32,000. Virtu Financial LLC owned 0.07% of AGM Group at the end of the most recent quarter.

AGM Group Stock Performance

NASDAQ AGMH opened at $0.08 on Thursday. The firm has a 50-day moving average of $0.61 and a 200-day moving average of $1.28. AGM Group has a 52-week low of $0.06 and a 52-week high of $2.19.

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.