AGM Group Holdings Inc. (NASDAQ:AGMH) Short Interest Up 295.4% in December

AGM Group Holdings Inc. (NASDAQ:AGMH) was the recipient of a significant increase in short interest in December. As of December 31st, there was short interest totalling 154,600 shares, an increase of 295.4% from the December 15th total of 39,100 shares. Based on an average daily volume of 90,600 shares, the short-interest ratio is presently 1.7 days. Currently, 0.9% of the company’s stock are short sold.

Institutional Trading of AGM Group

A hedge fund recently bought a new stake in AGM Group stock. Virtu Financial LLC acquired a new stake in AGM Group Holdings Inc. (NASDAQ:AGMH) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 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

AGM Group stock opened at $1.33 on Tuesday. The stock’s fifty day moving average is $1.62 and its two-hundred day moving average is $1.35. AGM Group has a 1-year low of $0.46 and a 1-year high of $2.20.

About AGM Group

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.