AGM Group Holdings Inc. (NASDAQ:AGMH – Get Free Report) was the target of a significant decrease in short interest in the month of May. As of May 15th, there was short interest totalling 3,520,000 shares, a decrease of 50.6% from the April 30th total of 7,120,000 shares. Based on an average trading volume of 93,390,000 shares, the days-to-cover ratio is presently 0.0 days. Approximately 20.5% of the shares of the company are sold short.
AGM Group Price Performance
AGMH stock opened at $0.06 on Friday. AGM Group has a twelve month low of $0.02 and a twelve month high of $2.19. The business has a 50 day simple moving average of $0.06 and a 200-day simple moving average of $0.73.
AGM Group’s stock is going to reverse split before the market opens on Tuesday, June 3rd. The 1-50 reverse split was announced on Wednesday, May 14th. The number of shares owned by shareholders will be adjusted after the market closes on Monday, June 2nd.
AGM Group Company Profile
AGM Group Holdings Inc operates as a technology company, engages in the research and development of blockchain-oriented ASIC chip in Singapore, Hong Kong, and China. The company offers MetaTrader 5, a futures trading solution; and foreign exchange trading system that provides services to financial institutions.
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