Short Interest in Pop Culture Group Co., Ltd. (NASDAQ:CPOP) Drops By 30.9%
by Renee Jackson · The Cerbat GemPop Culture Group Co., Ltd. (NASDAQ:CPOP – Get Free Report) was the target of a significant decline in short interest in the month of January. As of January 15th, there was short interest totaling 51,902 shares, a decline of 30.9% from the December 31st total of 75,100 shares. Based on an average daily trading volume, of 45,613 shares, the short-interest ratio is presently 1.1 days. Approximately 0.4% of the company’s shares are short sold. Approximately 0.4% of the company’s shares are short sold. Based on an average daily trading volume, of 45,613 shares, the short-interest ratio is presently 1.1 days.
Pop Culture Group Price Performance
Shares of NASDAQ CPOP traded down $0.00 during trading hours on Monday, reaching $0.41. The stock had a trading volume of 585,503 shares, compared to its average volume of 81,339. The business’s fifty day moving average price is $0.45 and its two-hundred day moving average price is $0.79. Pop Culture Group has a 52-week low of $0.37 and a 52-week high of $2.61. The company has a quick ratio of 1.47, a current ratio of 1.47 and a debt-to-equity ratio of 0.11.
Analysts Set New Price Targets
Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Pop Culture Group in a research note on Monday, December 29th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Pop Culture Group has a consensus rating of “Sell”.
Read Our Latest Analysis on CPOP
Hedge Funds Weigh In On Pop Culture Group
An institutional investor recently bought a new position in Pop Culture Group stock. Sabby Management LLC acquired a new position in Pop Culture Group Co., Ltd. (NASDAQ:CPOP – Free Report) in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 1,227,666 shares of the company’s stock, valued at approximately $1,092,000. Pop Culture Group accounts for about 1.3% of Sabby Management LLC’s portfolio, making the stock its 4th biggest holding. Sabby Management LLC owned approximately 31.17% of Pop Culture Group as of its most recent SEC filing.
Pop Culture Group Company Profile
Pop Culture Group (NASDAQ:CPOP) is a U.S.-based entertainment company specializing in the creation, production and operation of pop culture–themed live experiences, theatrical productions and branded events across North America.
The company collaborates with intellectual property owners in publishing, film, television and gaming to secure licensing rights for iconic franchises, which it then adapts into immersive live shows, touring family musicals and interactive exhibitions. Its portfolio encompasses stage adaptations of classic children’s literature, contemporary media franchises and original pop culture properties, delivered via regional tours, on-site activations and virtual extensions.
Beyond live entertainment, Pop Culture Group develops and retails consumer products and merchandise tied to its shows, providing design, marketing and distribution services that leverage its licensing relationships.