Sound Group Inc. (NASDAQ:SOGP) Short Interest Down 43.7% in February

Sound Group Inc. (NASDAQ:SOGP) saw a large drop in short interest in the month of February. As of February 28th, there was short interest totalling 9,800 shares, a drop of 43.7% from the February 13th total of 17,400 shares. Based on an average daily trading volume, of 72,200 shares, the short-interest ratio is currently 0.1 days. Approximately 0.2% of the company’s stock are short sold.

Sound Group Trading Up 2.7 %

Shares of NASDAQ SOGP traded up $0.06 during mid-day trading on Friday, reaching $2.29. The company had a trading volume of 19,616 shares, compared to its average volume of 80,076. Sound Group has a twelve month low of $1.49 and a twelve month high of $3.96. The stock’s 50 day moving average is $2.10 and its 200-day moving average is $1.96.

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.