Pop Culture Group Co., Ltd. (NASDAQ:CPOP) Sees Significant Increase in Short Interest

Pop Culture Group Co., Ltd. (NASDAQ:CPOP) saw a large increase in short interest in March. As of March 13th, there was short interest totaling 23,931 shares, an increase of 49.4% from the February 26th total of 16,020 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average trading volume of 67,457 shares, the days-to-cover ratio is currently 0.4 days.

Hedge Funds Weigh In On Pop Culture Group

An institutional investor recently bought a new position in Pop Culture Group stock. Connective Capital Management LLC purchased a new position in shares of Pop Culture Group Co., Ltd. (NASDAQ:CPOP) during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 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.

Analyst Ratings Changes

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

Pop Culture Group Price Performance

NASDAQ CPOP opened at $0.31 on Friday. The company has a quick ratio of 1.47, a current ratio of 1.47 and a debt-to-equity ratio of 0.11. Pop Culture Group has a one year low of $0.30 and a one year high of $2.61. The company has a 50-day simple moving average of $0.35 and a 200-day simple moving average of $0.60.

Pop Culture Group Company Profile

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.