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

Sound Group Inc. (NASDAQ:SOGP) saw a significant growth in short interest during the month of March. As of March 15th, there was short interest totalling 20,500 shares, a growth of 109.2% from the February 28th total of 9,800 shares. Based on an average daily volume of 79,500 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.5% of the company’s shares are short sold.

Sound Group Stock Down 0.5 %

NASDAQ:SOGP traded down $0.01 during mid-day trading on Friday, reaching $2.20. 483 shares of the company’s stock traded hands, compared to its average volume of 75,767. The company has a 50 day moving average price of $2.16 and a 200-day moving average price of $1.99. Sound Group has a 12-month low of $1.49 and a 12-month high of $3.66.

About Sound Group

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.