AGM Group Holdings Inc. (NASDAQ:AGMH) Sees Large Growth in Short Interest

AGM Group Holdings Inc. (NASDAQ:AGMH) saw a large increase in short interest during the month of October. As of October 15th, there was short interest totalling 32,000 shares, an increase of 107.8% from the September 30th total of 15,400 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average daily volume of 143,900 shares, the short-interest ratio is presently 0.2 days.

AGM Group Stock Performance

Shares of AGMH stock opened at $1.78 on Friday. The business has a fifty day moving average of $1.52 and a 200 day moving average of $1.12. AGM Group has a 1 year low of $0.46 and a 1 year high of $2.20.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in AGM Group stock. Virtu Financial LLC purchased a new position in AGM Group Holdings Inc. (NASDAQ:AGMH) during the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 18,556 shares of the company’s stock, valued at approximately $28,000.

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.