Short Interest in Sound Group Inc. (NASDAQ:SOGP) Grows By 109.2%

Sound Group Inc. (NASDAQ:SOGP) was the recipient of a large growth in short interest in March. As of March 15th, there was short interest totalling 20,500 shares, a growth of 109.2% from the February 28th total of 9,800 shares. Based on an average trading volume of 79,500 shares, the short-interest ratio is presently 0.3 days. Approximately 0.5% of the company’s stock are sold short.

Sound Group Trading Down 0.5 %

Shares of SOGP traded down $0.01 on Friday, reaching $2.20. The stock had a trading volume of 483 shares, compared to its average volume of 75,767. Sound Group has a 12-month low of $1.49 and a 12-month high of $3.66. The company has a 50-day simple moving average of $2.16 and a 200-day simple moving average of $1.99.

Sound Group Company Profile

Sound Group Inc operates as an audio-centric social and entertainment company. It focuses on building audio platform to connect and communicate. The company, through its product portfolio and in-house technologies, caters to user interest in audio entertainment and social networking. The company was formerly known as LIZHI INC.