Short Interest in Pop Culture Group Co., Ltd (NASDAQ:CPOP) Drops By 40.1%

Pop Culture Group Co., Ltd (NASDAQ:CPOP) was the target of a significant decline in short interest during the month of October. As of October 31st, there was short interest totalling 35,800 shares, a decline of 40.1% from the October 15th total of 59,800 shares. Currently, 1.3% of the company’s stock are short sold. Based on an average daily trading volume, of 67,400 shares, the short-interest ratio is currently 0.5 days.

Pop Culture Group Trading Up 4.1 %

CPOP stock traded up $0.05 during midday trading on Thursday, reaching $1.27. 38,593 shares of the company were exchanged, compared to its average volume of 1,330,987. The business has a 50-day moving average price of $1.19 and a two-hundred day moving average price of $1.34. Pop Culture Group has a one year low of $0.91 and a one year high of $9.67.

About Pop Culture Group

Pop Culture Group Co, Ltd hosts entertainment events to corporate clients in China. The company hosts concerts and hip-hop related events, including stage plays, dance competitions, cultural and musical festivals, and promotional parties, as well as creates hip-hop related online programs; and provides event planning and execution services comprising communication, planning, design, production, reception, execution, and analysis services to advertising and media service providers, industry associations, and companies in a range of industries, such as consumer goods, real estate, tourism, entertainment, technology, e-commerce, education, and sports.