Fangdd Network Group (NASDAQ:DUO – Get Free Report) was the target of a large increase in short interest in July. As of July 31st, there was short interest totaling 166,225 shares, an increase of 51.8% from the July 15th total of 109,492 shares. Approximately 0.7% of the shares of the stock are sold short. Based on an average daily volume of 503,896 shares, the days-to-cover ratio is presently 0.3 days.
Wall Street Analyst Weigh In
Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Fangdd Network Group in a research report on Tuesday, August 11th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock presently has an average rating of “Sell”.
Get Our Latest Research Report on DUO
Fangdd Network Group Trading Up 1.4%
About Fangdd Network Group
Fangdd Network Group Ltd (NASDAQ: DUO) operates an online real estate transaction services platform in China, connecting property developers, brokers and individual homebuyers. The company offers a suite of cloud-based software tools and marketplace solutions designed to streamline property listings, marketing campaigns and customer relationship management for real estate agencies and developers.
Through its SaaS platform, Fangdd delivers tools for multi-channel listing distribution, virtual property tours, lead generation and transaction management.
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