TD Holdings, Inc. (NASDAQ:GLG) Short Interest Down 55.8% in April

TD Holdings, Inc. (NASDAQ:GLG – Get Rating) was the recipient of a large decrease in short interest in the month of April. As of April 30th, there was short interest totalling 61,900 shares, a decrease of 55.8% from the April 15th total of 140,000 shares. Based on an average trading volume of 4,320,000 shares, the days-to-cover ratio is currently 0.0 days.

A number of institutional investors have recently added to or reduced their stakes in the business. Citigroup Inc. bought a new position in shares of TD during the first quarter worth approximately $146,000. Susquehanna International Group LLP bought a new position in shares of TD during the fourth quarter worth approximately $74,000. Peapack Gladstone Financial Corp bought a new position in shares of TD during the fourth quarter worth approximately $35,000. Finally, Renaissance Technologies LLC bought a new position in shares of TD during the fourth quarter worth approximately $26,000. 0.19% of the stock is currently owned by hedge funds and other institutional investors.

TD stock traded up $0.01 during trading hours on Friday, hitting $0.18. The company had a trading volume of 585 shares, compared to its average volume of 747,868. TD has a one year low of $0.15 and a one year high of $1.39. The firm has a 50-day moving average of $0.25 and a 200 day moving average of $0.35.

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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