DDC Enterprise Limited (NYSEAMERICAN:DDC) Short Interest Up 673.7% in August

DDC Enterprise Limited (NYSEAMERICAN:DDC) was the recipient of a significant growth in short interest during the month of August. As of August 31st, there was short interest totaling 892,035 shares, a growth of 673.7% from the August 15th total of 115,300 shares. Approximately 1.6% of the shares of the company are short sold. Based on an average daily trading volume, of 1,739,520 shares, the days-to-cover ratio is presently 0.5 days.

Institutional Trading of DDC Enterprise

An institutional investor recently bought a new position in DDC Enterprise stock. Anson Funds Management LP acquired a new stake in DDC Enterprise Limited (NYSEAMERICAN:DDC) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 956,694 shares of the company’s stock, valued at approximately $1,894,000. Anson Funds Management LP owned 4.11% of DDC Enterprise as of its most recent SEC filing. Institutional investors own 0.22% of the company’s stock.

DDC Enterprise Stock Performance

DDC stock traded up $0.00 during midday trading on Friday, reaching $0.25. The stock had a trading volume of 1,358,024 shares, compared to its average volume of 2,062,184. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.83 and a quick ratio of 1.80. The firm has a fifty day simple moving average of $0.51. DDC Enterprise has a 52-week low of $0.24 and a 52-week high of $11.40.

DDC Enterprise (NYSEAMERICAN:DDC) last posted its quarterly earnings results on Thursday, September 3rd. The company reported ($0.58) earnings per share for the quarter. The business had revenue of $10.06 million during the quarter.

DDC Enterprise Company Profile

DDC Enterprise Ltd is a content driven consumer brand offering easy, convenient ready-to-heat, ready-to-cook, and plant-based meal products i.e. meal products consisting largely or solely of vegetables, fruits, grains, and other foods derived from plant-based protein, rather than animal protein) while promoting healthier lifestyle choices to the Millennial and Generation Z customer-base. The company’s operates in two operating segments: merchandise sales and fresh agriculture produce. It is also engaged in the provision of advertising services and the operation of experience stores to offer cooking classes.