Short Interest in Grande Group Limited (NASDAQ:GRAN) Drops By 14.4%

Grande Group Limited (NASDAQ:GRAN) was the recipient of a large drop in short interest during the month of February. As of February 13th, there was short interest totaling 16,004 shares, a drop of 14.4% from the January 29th total of 18,696 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average daily volume of 6,640 shares, the days-to-cover ratio is presently 2.4 days. Based on an average daily volume of 6,640 shares, the days-to-cover ratio is presently 2.4 days. Currently, 0.1% of the shares of the company are short sold.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Grande Group stock. Citadel Advisors LLC acquired a new stake in shares of Grande Group Limited (NASDAQ:GRAN) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 10,920 shares of the company’s stock, valued at approximately $33,000.

Grande Group Stock Performance

NASDAQ GRAN opened at $1.83 on Friday. The company has a 50-day moving average price of $3.23 and a two-hundred day moving average price of $3.27. Grande Group has a 52 week low of $1.22 and a 52 week high of $6.70.

Grande Group (NASDAQ:GRAN) last posted its quarterly earnings data on Friday, December 12th. The company reported ($0.03) earnings per share for the quarter. The company had revenue of $0.15 million for the quarter.

About Grande Group

Headquartered in Hong Kong, we are a holding company incorporated in the British Virgin Islands, and all of our business is carried out by our wholly-owned Operating Subsidiary in Hong Kong, Grande Capital. Grande Capital is a boutique financial firm that focuses on providing quality corporate finance advisory services to clients in Asia. Grande Capital is a licensed corporation under the SFO to engage in Type 1 (dealing in securities) and Type 6 (advising on corporate finance) regulated activities in Hong Kong.