AGM Group Holdings Inc. (NASDAQ:AGMH – Get Rating) was the target of a significant growth in short interest during the month of March. As of March 15th, there was short interest totalling 43,200 shares, a growth of 29.3% from the February 28th total of 33,400 shares. Currently, 0.3% of the company's stock are sold short. Based on an average daily volume of 14,200 shares, the short-interest ratio is presently 3.0 days.
Hedge Funds Weigh In On AGM Group
An institutional investor recently raised its position in AGM Group stock. Virtu Financial LLC increased its holdings in shares of AGM Group Holdings Inc. (NASDAQ:AGMH – Get Rating) by 103.8% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 41,648 shares of the company's stock after acquiring an additional 21,211 shares during the quarter. Virtu Financial LLC owned approximately 0.16% of AGM Group worth $87,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 3.21% of the company's stock.Get AGM Group alerts:
AGM Group Stock Up 8.0 %
Shares of AGMH stock opened at $1.83 on Friday. AGM Group has a one year low of $1.16 and a one year high of $2.59. The company's 50-day simple moving average is $1.69 and its 200-day simple moving average is $1.68.
AGM Group Company Profile
AGM Group Holdings, Inc is a financial technology company, which engages in the provision of financial solutions. The firm focuses on the delivery of trading platform solutions and financial technologies to brokers and institutional clients. Its activities include online trading platform application and computer program technical support and solution service.
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