Short Interest in Advantage Solutions Inc. (NASDAQ:ADVWW) Decreases By 33.3%

Advantage Solutions Inc. (NASDAQ:ADVWW) was the recipient of a large drop in short interest during the month of October. As of October 31st, there was short interest totalling 2,600 shares, a drop of 33.3% from the October 15th total of 3,900 shares. Based on an average daily trading volume, of 15,900 shares, the days-to-cover ratio is presently 0.2 days.

Advantage Solutions Stock Performance

NASDAQ:ADVWW opened at $0.12 on Monday. The stock’s 50 day moving average price is $0.21 and its 200 day moving average price is $0.15. Advantage Solutions has a 52-week low of $0.06 and a 52-week high of $0.29.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Advantage Solutions stock. Walleye Capital LLC boosted its stake in shares of Advantage Solutions Inc. (NASDAQ:ADVWW) by 42.4% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 4,303,108 shares of the company’s stock after acquiring an additional 1,281,471 shares during the quarter. Walleye Capital LLC’s holdings in Advantage Solutions were worth $559,000 as of its most recent filing with the Securities and Exchange Commission.

About Advantage Solutions

with more than 40,000 associates generating over $65b in annual sales throughout our over 70 offices, advantage solutions is the premier consumer packaged goods sales and marketing agency, committed to building brand value for our clients and customers. our customized sales and marketing solutions include headquarter sales, retail merchandising and marketing services, specializing in client and customer events, publications and assisted-selling services for the grocery, drugstore, club, convenience, natural/specialty, sporting goods, consumer electronics and home center channels.