Color Star Technology Co., Ltd. (NASDAQ:ADD) Short Interest Update

Color Star Technology Co., Ltd. (NASDAQ:ADD) was the recipient of a large increase in short interest in October. As of October 31st, there was short interest totalling 1,360,000 shares, an increase of 74.6% from the October 15th total of 778,800 shares. Based on an average trading volume of 2,790,000 shares, the days-to-cover ratio is currently 0.5 days. Approximately 2.4% of the company’s stock are short sold.

Color Star Technology Stock Down 7.9 %

Shares of ADD stock opened at $0.07 on Friday. Color Star Technology has a 12-month low of $0.06 and a 12-month high of $1.85. The business’s fifty day simple moving average is $0.57 and its 200-day simple moving average is $0.42.

About Color Star Technology

Color Star Technology Co, Ltd., an entertainment and education company, provides online entertainment performances and music education services in the United States and China. The company operates Color World, an online platform of curriculum that includes music, sports, animation, painting and calligraphy, film and television, life skills, etc.