Short Interest in TD Holdings, Inc. (NASDAQ:GLG) Decreases By 72.3%

TD Holdings, Inc. (NASDAQ:GLGGet Rating) saw a significant decline in short interest during the month of April. As of April 15th, there was short interest totalling 140,000 shares, a decline of 72.3% from the March 31st total of 506,300 shares. Based on an average daily trading volume, of 4,360,000 shares, the short-interest ratio is presently 0.0 days.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in GLG. Susquehanna International Group LLP acquired a new position in shares of TD in the 4th quarter valued at $74,000. Peapack Gladstone Financial Corp acquired a new position in shares of TD in the 4th quarter valued at $35,000. Finally, Renaissance Technologies LLC acquired a new position in shares of TD in the 4th quarter valued at $26,000. 0.20% of the stock is currently owned by institutional investors.

NASDAQ GLG opened at $0.24 on Thursday. The stock’s fifty day moving average is $0.25 and its two-hundred day moving average is $0.38. TD has a fifty-two week low of $0.17 and a fifty-two week high of $1.44.

About TD (Get Rating)

TD Holdings, Inc engages in commodities trading and supply chain service businesses in China. Its commodity trading business engages in purchasing non-ferrous metal products, such as aluminium ingots, copper, silver, and gold, from upstream metal and mineral suppliers and then selling to downstream customers.

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