Short Interest in AGM Group Holdings Inc. (NASDAQ:AGMH) Expands By 545.3%

AGM Group Holdings Inc. (NASDAQ:AGMH) was the recipient of a significant growth in short interest in March. As of March 15th, there was short interest totalling 3,940,000 shares, a growth of 545.3% from the February 28th total of 610,600 shares. Approximately 23.0% of the shares of the company are sold short. Based on an average trading volume of 19,170,000 shares, the days-to-cover ratio is presently 0.2 days.

AGM Group Price Performance

Shares of AGMH opened at $0.08 on Thursday. The firm has a 50-day moving average of $0.61 and a 200-day moving average of $1.28. AGM Group has a one year low of $0.06 and a one year high of $2.19.

Hedge Funds Weigh In On AGM Group

A hedge fund recently bought a new stake in AGM Group stock. Virtu Financial LLC acquired a new stake in AGM Group Holdings Inc. (NASDAQ:AGMH) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 18,456 shares of the company’s stock, valued at approximately $32,000. Virtu Financial LLC owned about 0.07% of AGM Group as of its most recent SEC filing.

About AGM Group

AGM Group Holdings Inc operates as a technology company, engages in the research and development of blockchain-oriented ASIC chip in Singapore, Hong Kong, and China. The company offers MetaTrader 5, a futures trading solution; and foreign exchange trading system that provides services to financial institutions.