Sound Group Inc. (NASDAQ:SOGP) Short Interest Update

Sound Group Inc. (NASDAQ:SOGP) saw a large growth in short interest in July. As of July 15th, there was short interest totalling 6,000 shares, a growth of 71.4% from the June 30th total of 3,500 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average daily volume of 12,800 shares, the short-interest ratio is presently 0.5 days.

Sound Group Trading Down 1.4 %

Shares of SOGP traded down $0.03 during mid-day trading on Friday, reaching $2.10. The company’s stock had a trading volume of 4,027 shares, compared to its average volume of 368,781. Sound Group has a 12-month low of $2.05 and a 12-month high of $9.01. The firm has a market capitalization of $10.88 million, a PE ratio of 2.15 and a beta of 1.67. The firm’s 50 day moving average price is $2.29.

Sound Group Company Profile

Sound Group Inc operates as an audio-centric social and entertainment company. It focuses on building audio platform to connect and communicate. The company, through its product portfolio and in-house technologies, caters to user interest in audio entertainment and social networking. The company was formerly known as LIZHI INC.