AGM Group Holdings Inc. (NASDAQ:AGMH) Short Interest Update

AGM Group Holdings Inc. (NASDAQ:AGMH) was the target of a significant growth in short interest during the month of March. As of March 15th, there was short interest totalling 3,940,000 shares, a growth of 545.3% from the February 28th total of 610,600 shares. Based on an average daily volume of 19,170,000 shares, the short-interest ratio is currently 0.2 days. Approximately 23.0% of the company’s shares are sold short.

AGM Group Stock Performance

NASDAQ AGMH opened at $0.09 on Friday. The company has a 50-day simple moving average of $0.59 and a two-hundred day simple moving average of $1.27. AGM Group has a 12-month low of $0.06 and a 12-month high of $2.19.

Institutional Investors Weigh In On AGM Group

An institutional investor recently bought a new position in AGM Group stock. Virtu Financial LLC purchased a new position in AGM Group Holdings Inc. (NASDAQ:AGMH) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 18,456 shares of the company’s stock, valued at approximately $32,000. Virtu Financial LLC owned 0.07% of AGM Group at the end of the most recent reporting period.

About AGM Group

AGM Group Holdings Inc operates as a technology company, engages in the research and development of blockchain-oriented ASIC chip in Singapore, Hong Kong, and China. The company offers MetaTrader 5, a futures trading solution; and foreign exchange trading system that provides services to financial institutions.