Grande Group Limited (NASDAQ:GRAN) Short Interest Down 42.1% in January

Grande Group Limited (NASDAQ:GRAN) saw a significant decline in short interest in January. As of January 15th, there was short interest totaling 28,816 shares, a decline of 42.1% from the December 31st total of 49,811 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 32,405 shares, the days-to-cover ratio is currently 0.9 days. Based on an average daily volume of 32,405 shares, the days-to-cover ratio is currently 0.9 days. Currently, 0.1% of the company’s stock are short sold.

Grande Group Trading Down 2.1%

GRAN traded down $0.06 during trading on Friday, hitting $2.74. The company had a trading volume of 2,344 shares, compared to its average volume of 33,478. The business has a 50-day moving average of $3.53 and a 200-day moving average of $3.72. Grande Group has a 1-year low of $1.81 and a 1-year high of $6.70.

Grande Group (NASDAQ:GRAN) last issued its quarterly earnings results on Friday, December 12th. The company reported ($0.03) EPS for the quarter. The firm had revenue of $0.15 million for the quarter.

Institutional Trading of Grande Group

A hedge fund recently bought a new stake in Grande Group stock. Citadel Advisors LLC bought a new stake in shares of Grande Group Limited (NASDAQ:GRAN) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 10,920 shares of the company’s stock, valued at approximately $33,000.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “sell (e-)” rating on shares of Grande Group in a research report on Wednesday, October 8th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Grande Group has a consensus rating of “Sell”.

About Grande Group

Headquartered in Hong Kong, we are a holding company incorporated in the British Virgin Islands, and all of our business is carried out by our wholly-owned Operating Subsidiary in Hong Kong, Grande Capital. Grande Capital is a boutique financial firm that focuses on providing quality corporate finance advisory services to clients in Asia. Grande Capital is a licensed corporation under the SFO to engage in Type 1 (dealing in securities) and Type 6 (advising on corporate finance) regulated activities in Hong Kong.