AGM Group Holdings Inc. (NASDAQ:AGMH) Sees Large Drop in Short Interest

Posted by Defense World Staff on Mar 26th, 2026

AGM Group Holdings Inc. (NASDAQ:AGMH – Get Free Report) saw a significant decrease in short interest during the month of March. As of March 13th, there was short interest totaling 64,800 shares, a decrease of 58.7% from the February 26th total of 156,811 shares. Approximately 3.1% of the shares of the company are sold short. Based on an average trading volume of 32,021 shares, the days-to-cover ratio is presently 2.0 days.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings cut AGM Group from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Monday, January 12th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock presently has an average rating of “Sell” and an average price target of $5.77.

Read Our Latest Research Report on AGM Group

AGM Group Stock Down 2.0%

Shares of AGMH stock opened at $0.98 on Thursday. AGM Group has a 12 month low of $0.95 and a 12 month high of $18.10. The company has a 50 day simple moving average of $1.47 and a two-hundred day simple moving average of $3.01.

Hedge Funds Weigh In On AGM Group

An institutional investor recently bought a new position in AGM Group stock. Bank of America Corp DE bought a new stake in shares of AGM Group Holdings Inc. (NASDAQ:AGMH – Free Report) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 15,982 shares of the company’s stock, valued at approximately $37,000. Bank of America Corp DE owned approximately 3.02% of AGM Group as of its most recent filing with the Securities and Exchange Commission (SEC).

AGM Group Company Profile

(Get Free Report)

AGM Group Holdings, Inc (NASDAQ:AGMH) is a blank check company incorporated in Delaware in April 2021. It was formed as a special purpose acquisition company (SPAC) with no commercial operations at inception and no revenues other than interest earned on its trust account balances. The company’s primary objective is to identify and complete a business combination with one or more operating businesses.

In connection with its initial public offering, AGM Group issued units comprising one share of common stock and a fraction of one redeemable warrant, with gross proceeds deposited into a trust account.