Grande Group Limited (NASDAQ:GRAN) Short Interest Down 29.4% in December

by · The Markets Daily

Grande Group Limited (NASDAQ:GRAN – Get Free Report) was the target of a significant decrease in short interest in December. As of December 31st, there was short interest totaling 49,811 shares, a decrease of 29.4% from the December 15th total of 70,558 shares. Based on an average daily trading volume, of 47,672 shares, the days-to-cover ratio is presently 1.0 days. Currently, 0.2% of the company’s stock are sold short. Currently, 0.2% of the company’s stock are sold short. Based on an average daily trading volume, of 47,672 shares, the days-to-cover ratio is presently 1.0 days.

Grande Group Trading Down 4.6%

Shares of GRAN traded down $0.21 on Friday, reaching $4.34. 13,479 shares of the company’s stock traded hands, compared to its average volume of 34,741. The business has a 50 day moving average price of $3.34. Grande Group has a 52-week low of $1.81 and a 52-week high of $6.70.

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

Institutional Inflows and Outflows

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

Analyst Upgrades and Downgrades

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

Read Our Latest Report 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.

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