Short Interest in Color Star Technology Co., Ltd. (NASDAQ:ADD) Drops By 9.8%

Color Star Technology Co., Ltd. (NASDAQ:ADD) saw a significant drop in short interest in September. As of September 15th, there was short interest totalling 1,380,000 shares, a drop of 9.8% from the August 31st total of 1,530,000 shares. Currently, 2.6% of the company’s stock are sold short. Based on an average trading volume of 2,240,000 shares, the days-to-cover ratio is currently 0.6 days.

Color Star Technology Trading Down 9.7 %

ADD opened at $1.02 on Tuesday. The firm’s 50 day moving average is $0.78 and its 200-day moving average is $0.42. Color Star Technology has a 52-week low of $0.17 and a 52-week high of $1.85.

Color Star Technology Company Profile

Color Star Technology Co, Ltd., an entertainment and education company, provides online entertainment performances and music education services in the United States and China. The company operates Color World, an online platform of curriculum that includes music, sports, animation, painting and calligraphy, film and television, life skills, etc.