Everbright Digital Holding Limited (NASDAQ:EDHL) Short Interest Update

Everbright Digital Holding Limited (NASDAQ:EDHL) was the target of a significant drop in short interest during the month of February. As of February 13th, there was short interest totaling 34,202 shares, a drop of 90.2% from the January 29th total of 350,697 shares. Based on an average daily volume of 97,588 shares, the days-to-cover ratio is presently 0.4 days. Approximately 2.0% of the company’s shares are short sold. Approximately 2.0% of the company’s shares are short sold. Based on an average daily volume of 97,588 shares, the days-to-cover ratio is presently 0.4 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Everbright Digital stock. Citadel Advisors LLC bought a new stake in shares of Everbright Digital Holding Limited (NASDAQ:EDHL) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 44,828 shares of the company’s stock, valued at approximately $30,000. Citadel Advisors LLC owned approximately 0.17% of Everbright Digital as of its most recent SEC filing.

Everbright Digital Trading Up 3.6%

Shares of NASDAQ EDHL traded up $0.09 during mid-day trading on Wednesday, reaching $2.62. The company had a trading volume of 53,447 shares, compared to its average volume of 104,544. Everbright Digital has a 52 week low of $2.22 and a 52 week high of $110.08. The business’s 50-day moving average is $4.57 and its 200-day moving average is $9.35.

Everbright Digital (NASDAQ:EDHL) last announced its quarterly earnings data on Wednesday, December 31st. The company reported ($0.24) earnings per share for the quarter. The company had revenue of $0.36 million for the quarter.

Everbright Digital Company Profile

Everbright Digital Holdings Co, Ltd. is a Cayman Islands holding company that, through its subsidiaries, delivers digital operation services and interactive solutions to cultural tourism, sports and small and medium-sized enterprises in the People’s Republic of China. The company specializes in digital marketing, content distribution and technology-driven platforms designed to enhance customer engagement and streamline operational workflows. Its portfolio includes digital interactive applications, intelligent library systems and tools for digital event management.

Since its founding in 2018, Everbright Digital has partnered with government agencies, cultural venues and commercial enterprises across more than 20 provinces.