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

Color Star Technology Co., Ltd. (NASDAQ:ADD) was the target of a significant increase in short interest in the month of March. As of March 31st, there was short interest totalling 152,100 shares, an increase of 47.7% from the March 15th total of 103,000 shares. Based on an average trading volume of 1,150,000 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.7% of the shares of the stock are sold short.

Color Star Technology Stock Down 4.0 %

NASDAQ ADD opened at $0.77 on Friday. Color Star Technology has a twelve month low of $0.56 and a twelve month high of $185.00. The business has a 50-day moving average price of $0.97 and a 200-day moving average price of $5.37.

Hedge Funds Weigh In On Color Star Technology

A hedge fund recently bought a new stake in Color Star Technology stock. Millennium Management LLC acquired a new position in Color Star Technology Co., Ltd. (NASDAQ:ADD) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 18,093 shares of the company’s stock, valued at approximately $43,000. Millennium Management LLC owned about 3.45% of Color Star Technology as of its most recent SEC filing. Institutional investors own 3.44% of the company’s stock.

Color Star Technology Company Profile

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.