Short Interest in AGM Group Holdings Inc. (NASDAQ:AGMH) Drops By 30.0%

AGM Group Holdings Inc. (NASDAQ:AGMH – Get Rating) was the recipient of a significant decline in short interest in May. As of May 15th, there was short interest totalling 9,800 shares, a decline of 30.0% from the April 30th total of 14,000 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average trading volume of 6,300 shares, the short-interest ratio is currently 1.6 days.

AGM Group Stock Down 0.6 %

Shares of AGMH stock opened at $1.79 on Friday. AGM Group has a 52-week low of $1.16 and a 52-week high of $2.46. The firm’s 50-day moving average is $2.00 and its 200-day moving average is $1.77.

Institutional Inflows and Outflows

An institutional investor recently raised its position in AGM Group stock. Virtu Financial LLC raised its stake in AGM Group Holdings Inc. (NASDAQ:AGMH – Get Rating) by 103.8% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 41,648 shares of the company’s stock after buying an additional 21,211 shares during the period. Virtu Financial LLC owned 0.16% of AGM Group worth $87,000 at the end of the most recent quarter. Institutional investors and hedge funds own 3.21% of the company’s stock.

AGM Group Company Profile

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AGM Group Holdings, Inc is a financial technology company, which engages in the provision of financial solutions. The firm focuses on the delivery of trading platform solutions and financial technologies to brokers and institutional clients. Its activities include online trading platform application and computer program technical support and solution service.