Chicken Soup for the Soul Entertainment, Inc. (NASDAQ:CSSE) Sees Significant Decrease in Short Interest

Chicken Soup for the Soul Entertainment, Inc. (NASDAQ:CSSE) saw a large decrease in short interest during the month of March. As of March 31st, there was short interest totalling 529,600 shares, a decrease of 5.8% from the March 15th total of 562,200 shares. Based on an average daily volume of 200,000 shares, the short-interest ratio is presently 2.6 days.

Chicken Soup for the Soul Entertainment Stock Up 0.8 %

Shares of Chicken Soup for the Soul Entertainment stock traded up $0.00 during trading on Tuesday, hitting $0.15. 52,331 shares of the stock traded hands, compared to its average volume of 195,556. The company has a fifty day moving average price of $0.17 and a two-hundred day moving average price of $0.24. Chicken Soup for the Soul Entertainment has a twelve month low of $0.13 and a twelve month high of $2.44.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. Advisor Group Holdings Inc. raised its holdings in Chicken Soup for the Soul Entertainment by 740.9% during the first quarter. Advisor Group Holdings Inc. now owns 5,239 shares of the company’s stock valued at $42,000 after buying an additional 4,616 shares in the last quarter. Jane Street Group LLC acquired a new position in Chicken Soup for the Soul Entertainment during the 2nd quarter worth $110,000. XTX Topco Ltd bought a new stake in Chicken Soup for the Soul Entertainment during the first quarter valued at about $41,000. Susquehanna International Group LLP increased its stake in shares of Chicken Soup for the Soul Entertainment by 175.3% in the first quarter. Susquehanna International Group LLP now owns 25,837 shares of the company’s stock worth $52,000 after purchasing an additional 60,160 shares during the period. Finally, Price T Rowe Associates Inc. MD increased its stake in shares of Chicken Soup for the Soul Entertainment by 26.4% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 26,300 shares of the company’s stock worth $135,000 after purchasing an additional 5,500 shares during the period. Institutional investors and hedge funds own 7.39% of the company’s stock.

Chicken Soup for the Soul Entertainment Company Profile

Chicken Soup for the Soul Entertainment, Inc operates as a streaming video-on-demand (VOD) company in the United States and internationally. It owns and operates various ad-supported and subscription-based VOD networks, including Crackle, Chicken Soup for the Soul, Popcornflix, Popcornflix Kids, Truli, Pivotshare, Popcornflix Comedy, Españolflix, and FrightPix.