Grande Group Limited (NASDAQ:GRAN) Short Interest Down 42.1% in January

by · The Cerbat Gem

Grande Group Limited (NASDAQ:GRAN – Get Free Report) was the target of a significant decline in short interest in January. As of January 15th, there was short interest totaling 28,816 shares, a decline of 42.1% from the December 31st total of 49,811 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily volume of 32,405 shares, the short-interest ratio is currently 0.9 days. Based on an average daily volume of 32,405 shares, the short-interest ratio is currently 0.9 days. Currently, 0.1% of the shares of the stock are short sold.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a “sell (e-)” rating on shares of Grande Group in a research note on Wednesday, October 8th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Grande Group currently has an average rating of “Sell”.

Get Our Latest Analysis on Grande Group

Hedge Funds Weigh In On Grande Group

A hedge fund recently bought a new stake in Grande Group stock. Citadel Advisors LLC bought a new stake in Grande Group Limited (NASDAQ:GRAN – Free Report) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 10,920 shares of the company’s stock, valued at approximately $33,000.

Grande Group Trading Down 2.1%

GRAN traded down $0.06 during trading hours on Friday, reaching $2.74. The company’s stock had a trading volume of 5,435 shares, compared to its average volume of 33,414. The business’s 50-day moving average is $3.54 and its 200-day moving average is $3.68. Grande Group has a fifty-two week low of $1.81 and a fifty-two week high of $6.70.

Grande Group (NASDAQ:GRAN – Get Free Report) last announced its quarterly earnings results on Friday, December 12th. The company reported ($0.03) EPS for the quarter. The firm had revenue of $0.15 million during the quarter.

About Grande Group

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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.

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