Short Interest in Grande Group Limited (NASDAQ:GRAN) Decreases By 36.6%

Grande Group Limited (NASDAQ:GRAN) saw a large drop in short interest in the month of March. As of March 13th, there was short interest totaling 45,683 shares, a drop of 36.6% from the February 26th total of 72,068 shares. Based on an average trading volume of 38,287 shares, the days-to-cover ratio is currently 1.2 days. Currently, 0.2% of the company’s shares are sold short.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Grande Group stock. Nomura Holdings Inc. bought a new position in shares of Grande Group Limited (NASDAQ:GRAN) during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor bought 49,787 shares of the company’s stock, valued at approximately $144,000. Nomura Holdings Inc. owned 0.20% of Grande Group as of its most recent SEC filing.

Grande Group Stock Down 3.5%

NASDAQ GRAN opened at $1.11 on Friday. The stock has a 50-day moving average of $2.35 and a two-hundred day moving average of $2.99. Grande Group has a 1-year low of $1.00 and a 1-year high of $6.70.

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.