Pop Culture Group Co., Ltd (NASDAQ:CPOP) Short Interest Up 61.2% in December

Pop Culture Group Co., Ltd (NASDAQ:CPOP) saw a significant increase in short interest during the month of December. As of December 31st, there was short interest totalling 38,200 shares, an increase of 61.2% from the December 15th total of 23,700 shares. Currently, 1.4% of the shares of the company are short sold. Based on an average daily trading volume, of 84,200 shares, the short-interest ratio is currently 0.5 days.

Pop Culture Group Stock Up 6.1 %

Shares of NASDAQ CPOP traded up $0.07 during midday trading on Friday, hitting $1.13. 29,075 shares of the company’s stock were exchanged, compared to its average volume of 138,478. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.61 and a current ratio of 1.61. Pop Culture Group has a 12 month low of $0.95 and a 12 month high of $9.67. The company’s 50 day moving average price is $1.16 and its 200 day moving average price is $1.20.

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.