Everbright Digital Holding Limited (NASDAQ:EDHL) Short Interest Down 90.2% in February

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

Hedge Funds Weigh In On Everbright Digital

An institutional investor recently bought a new position in Everbright Digital stock. Citadel Advisors LLC acquired a new stake in shares of Everbright Digital Holding Limited (NASDAQ:EDHL) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 44,828 shares of the company’s stock, valued at approximately $30,000. Citadel Advisors LLC owned 0.17% of Everbright Digital as of its most recent filing with the Securities & Exchange Commission.

Everbright Digital Trading Down 1.5%

Shares of Everbright Digital stock traded down $0.04 on Friday, hitting $2.60. 7,798 shares of the company traded hands, compared to its average volume of 99,999. Everbright Digital has a 12-month low of $2.22 and a 12-month high of $110.08. The company has a 50-day moving average price of $4.38 and a 200 day moving average price of $9.26.

Everbright Digital (NASDAQ:EDHL) last announced its quarterly earnings results on Wednesday, December 31st. The company reported ($0.24) EPS for the quarter. The firm 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.