Color Star Technology Co., Ltd. (NASDAQ:ADD) Short Interest Update

Color Star Technology Co., Ltd. (NASDAQ:ADD) was the recipient of a large decrease in short interest during the month of February. As of February 15th, there was short interest totalling 85,900 shares, a decrease of 51.1% from the January 31st total of 175,700 shares. Based on an average trading volume of 1,760,000 shares, the days-to-cover ratio is presently 0.0 days. Approximately 15.0% of the company’s shares are sold short.

Hedge Funds Weigh In On Color Star Technology

A hedge fund recently raised its stake in Color Star Technology stock. Jane Street Group LLC lifted its holdings in shares of Color Star Technology Co., Ltd. (NASDAQ:ADD) by 713.3% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 324,976 shares of the company’s stock after purchasing an additional 285,016 shares during the quarter. Jane Street Group LLC owned about 0.62% of Color Star Technology worth $331,000 as of its most recent filing with the SEC. Institutional investors own 3.44% of the company’s stock.

Color Star Technology Stock Performance

NASDAQ:ADD opened at $1.14 on Friday. Color Star Technology has a 52 week low of $1.10 and a 52 week high of $185.00. The stock’s fifty day moving average is $1.62 and its two-hundred day moving average is $30.06.

About Color Star Technology

Color Star Technology Co, Ltd., an entertainment and education company, provides online entertainment performances and music education services in the United States and China. The company operates Color World, an online platform of curriculum that includes music, sports, animation, painting and calligraphy, film and television, life skills, etc.