Chicken Soup for the Soul Entertainment, Inc. (NASDAQ:CSSE) Short Interest Down 5.8% in March

Chicken Soup for the Soul Entertainment, Inc. (NASDAQ:CSSE) saw a large decrease in short interest in 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 days-to-cover ratio is currently 2.6 days.

Chicken Soup for the Soul Entertainment Stock Performance

Shares of CSSE traded up $0.00 during midday trading on Tuesday, hitting $0.15. The company had a trading volume of 52,331 shares, compared to its average volume of 195,556. The company’s 50-day simple moving average is $0.17 and its 200-day simple moving average is $0.24. Chicken Soup for the Soul Entertainment has a 1 year low of $0.13 and a 1 year high of $2.44.

Institutional Investors Weigh In On Chicken Soup for the Soul Entertainment

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Fortitude Family Office LLC purchased a new stake in Chicken Soup for the Soul Entertainment in the 4th quarter valued at $29,000. XTX Topco Ltd acquired a new position in Chicken Soup for the Soul Entertainment during the first quarter worth $41,000. Advisor Group Holdings Inc. raised its stake in shares of Chicken Soup for the Soul Entertainment by 740.9% during the 1st quarter. Advisor Group Holdings Inc. now owns 5,239 shares of the company’s stock worth $42,000 after buying an additional 4,616 shares during the last quarter. Susquehanna International Group LLP lifted its holdings 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 valued at $52,000 after purchasing an additional 60,160 shares in the last quarter. Finally, Jane Street Group LLC purchased a new position in shares of Chicken Soup for the Soul Entertainment during the 2nd quarter worth approximately $110,000. Hedge funds and other institutional investors 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.