Pop Culture Group Co., Ltd. (NASDAQ:CPOP) Short Interest Update

Pop Culture Group Co., Ltd. (NASDAQ:CPOP) saw a significant drop in short interest in December. As of December 31st, there was short interest totaling 75,100 shares, a drop of 27.9% from the December 15th total of 104,125 shares. Based on an average daily trading volume, of 42,626 shares, the days-to-cover ratio is currently 1.8 days. Approximately 0.6% of the shares of the company are sold short. Approximately 0.6% of the shares of the company are sold short. Based on an average daily trading volume, of 42,626 shares, the days-to-cover ratio is currently 1.8 days.

Hedge Funds Weigh In On Pop Culture Group

A hedge fund recently bought a new stake in Pop Culture Group stock. Connective Capital Management LLC bought a new position in shares of Pop Culture Group Co., Ltd. (NASDAQ:CPOP) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 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 filing with the Securities & Exchange Commission.

Pop Culture Group Price Performance

CPOP opened at $0.49 on Friday. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.47 and a quick ratio of 1.47. Pop Culture Group has a 52-week low of $0.39 and a 52-week high of $2.61. The business’s fifty day moving average is $0.47 and its 200-day moving average is $0.80.

Wall Street Analyst Weigh In

CPOP has been the topic of several research reports. Weiss Ratings restated a “sell (d-)” rating on shares of Pop Culture Group in a research note on Monday, December 29th. Wall Street Zen raised shares of Pop Culture Group to a “hold” rating in a report on Saturday, September 20th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock currently 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.