Grande Group Limited (NASDAQ:GRAN) Stock Short Interest Jumps 207.4%

by · The Cerbat Gem

Grande Group Limited (NASDAQ:GRAN – Get Free Report) was the target of a large increase in short interest during the month of September. As of September 15th, there was short interest totaling 98,146 shares, an increase of 207.4% from the August 31st total of 31,932 shares. Based on an average daily volume of 390,020 shares, the short-interest ratio is presently 0.3 days. Currently, 0.4% of the company’s stock are short sold.

Grande Group Stock Performance

Shares of Grande Group stock traded up $0.01 during trading hours on Friday, reaching $1.08. 3,267 shares of the stock traded hands, compared to its average volume of 211,262. The company has a 50 day moving average price of $1.28 and a 200 day moving average price of $1.28. Grande Group has a one year low of $0.80 and a one year high of $5.91. The company has a current ratio of 0.54, a quick ratio of 0.54 and a debt-to-equity ratio of 0.03.

Grande Group (NASDAQ:GRAN – Get Free Report) last issued its quarterly earnings data on Friday, July 31st. The company reported ($0.04) earnings per share for the quarter. The firm had revenue of $0.76 million for the quarter.

Analysts Set New Price Targets

Separately, Weiss Ratings raised Grande Group from a “sell (d-)” rating to a “sell (d)” rating in a report on Monday, August 31st. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company currently has an average rating of “Sell”.

View Our Latest Analysis on GRAN

Grande Group Company Profile

(Get Free Report)

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.

Featured Stories