Short Interest in Pop Culture Group Co., Ltd. (NASDAQ:CPOP) Declines By 44.3%

Pop Culture Group Co., Ltd. (NASDAQ:CPOP) was the target of a significant decrease in short interest in January. As of January 30th, there was short interest totaling 28,934 shares, a decrease of 44.3% from the January 15th total of 51,902 shares. Currently, 0.2% of the company’s stock are sold short. Based on an average daily volume of 65,965 shares, the short-interest ratio is currently 0.4 days. Based on an average daily volume of 65,965 shares, the short-interest ratio is currently 0.4 days. Currently, 0.2% of the company’s stock are sold short.

Pop Culture Group Price Performance

NASDAQ CPOP traded up $0.00 during trading hours on Friday, reaching $0.34. The company had a trading volume of 30,309 shares, compared to its average volume of 81,567. Pop Culture Group has a 1-year low of $0.32 and a 1-year high of $2.61. The company has a current ratio of 1.47, a quick ratio of 1.47 and a debt-to-equity ratio of 0.11. The stock has a 50-day moving average of $0.43 and a 200 day moving average of $0.76.

Institutional Trading of 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 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 365,822 shares of the company’s stock, valued at approximately $325,000. Connective Capital Management LLC owned 9.29% of Pop Culture Group at the end of the most recent quarter.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Pop Culture Group in a report on Monday, December 29th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Sell”.

About Pop Culture Group

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.