Short Interest in Pop Culture Group Co., Ltd. (NASDAQ:CPOP) Expands By 49.4%

Pop Culture Group Co., Ltd. (NASDAQ:CPOP) was the target of a large growth in short interest in March. As of March 13th, there was short interest totaling 23,931 shares, a growth of 49.4% from the February 26th total of 16,020 shares. Currently, 0.2% of the shares of the stock are short sold. Based on an average trading volume of 67,457 shares, the short-interest ratio is currently 0.4 days.

Pop Culture Group Stock Performance

Shares of NASDAQ:CPOP opened at $0.31 on Monday. Pop Culture Group has a 12 month low of $0.30 and a 12 month high of $2.61. The company has a quick ratio of 1.47, a current ratio of 1.47 and a debt-to-equity ratio of 0.11. The company has a 50-day moving average price of $0.35 and a 200 day moving average price of $0.59.

Institutional Trading of Pop Culture Group

An institutional investor recently bought a new position in Pop Culture Group stock. Connective Capital Management LLC purchased a new position in Pop Culture Group Co., Ltd. (NASDAQ:CPOP) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 365,822 shares of the company’s stock, valued at approximately $325,000. Connective Capital Management LLC owned about 9.29% of Pop Culture Group as of its most recent SEC filing.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Pop Culture Group in a report on Monday, December 29th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Pop Culture Group presently has an average rating of “Sell”.

Pop Culture Group Company Profile

Pop Culture Group (NASDAQ:CPOP) is a U.S.-based entertainment company specializing in the creation, production and operation of pop culture–themed live experiences, theatrical productions and branded events across North America.

The company collaborates with intellectual property owners in publishing, film, television and gaming to secure licensing rights for iconic franchises, which it then adapts into immersive live shows, touring family musicals and interactive exhibitions. Its portfolio encompasses stage adaptations of classic children’s literature, contemporary media franchises and original pop culture properties, delivered via regional tours, on-site activations and virtual extensions.

Beyond live entertainment, Pop Culture Group develops and retails consumer products and merchandise tied to its shows, providing design, marketing and distribution services that leverage its licensing relationships.