Short Interest in Grande Group Limited (NASDAQ:GRAN) Expands By 350.3%

Grande Group Limited (NASDAQ:GRAN) was the target of a significant growth in short interest during the month of February. As of February 27th, there was short interest totaling 72,068 shares, a growth of 350.3% from the February 12th total of 16,004 shares. Currently, 0.3% of the shares of the stock are short sold. Based on an average daily trading volume, of 596,083 shares, the short-interest ratio is presently 0.1 days. Based on an average daily trading volume, of 596,083 shares, the short-interest ratio is presently 0.1 days. Currently, 0.3% of the shares of the stock are short sold.

Institutional Trading of Grande Group

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

Grande Group Stock Performance

NASDAQ GRAN traded down $0.01 during trading on Thursday, hitting $1.67. The stock had a trading volume of 73,308 shares, compared to its average volume of 472,957. Grande Group has a twelve month low of $1.22 and a twelve month high of $6.70. The firm has a 50 day moving average price of $2.94 and a 200 day moving average price of $3.17.

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

Grande Group Company Profile

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.