Short Interest in Everbright Digital Holding Limited (NASDAQ:EDHL) Declines By 90.2%

Everbright Digital Holding Limited (NASDAQ:EDHL) saw a large decline in short interest during the month of February. As of February 13th, there was short interest totaling 34,202 shares, a decline of 90.2% from the January 29th total of 350,697 shares. Based on an average trading volume of 97,588 shares, the short-interest ratio is currently 0.4 days. Approximately 2.0% of the company’s shares are short sold. Approximately 2.0% of the company’s shares are short sold. Based on an average trading volume of 97,588 shares, the short-interest ratio is currently 0.4 days.

Hedge Funds Weigh In On Everbright Digital

A hedge fund recently bought a new stake in Everbright Digital stock. Vanguard Personalized Indexing Management LLC purchased a new position in Everbright Digital Holding Limited (NASDAQ:EDHL) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 67,397 shares of the company’s stock, valued at approximately $46,000. Vanguard Personalized Indexing Management LLC owned 0.25% of Everbright Digital as of its most recent SEC filing.

Everbright Digital Stock Up 3.6%

Shares of Everbright Digital stock opened at $2.62 on Thursday. Everbright Digital has a one year low of $2.22 and a one year high of $110.08. The business’s 50 day simple moving average is $4.47 and its two-hundred day simple moving average is $9.31.

Everbright Digital (NASDAQ:EDHL) last issued its earnings results on Wednesday, December 31st. The company reported ($0.24) EPS for the quarter. The company had revenue of $0.36 million for the quarter.

About Everbright Digital

Everbright Digital Holdings Co, Ltd. is a Cayman Islands holding company that, through its subsidiaries, delivers digital operation services and interactive solutions to cultural tourism, sports and small and medium-sized enterprises in the People’s Republic of China. The company specializes in digital marketing, content distribution and technology-driven platforms designed to enhance customer engagement and streamline operational workflows. Its portfolio includes digital interactive applications, intelligent library systems and tools for digital event management.

Since its founding in 2018, Everbright Digital has partnered with government agencies, cultural venues and commercial enterprises across more than 20 provinces.