Short Interest in Pop Culture Group Co., Ltd. (NASDAQ:CPOP) Drops By 30.9%

Pop Culture Group Co., Ltd. (NASDAQ:CPOP) was the target of a significant decline in short interest in January. As of January 15th, there was short interest totaling 51,902 shares, a decline of 30.9% from the December 31st total of 75,100 shares. Approximately 0.4% of the company’s shares are sold short. Based on an average trading volume of 45,613 shares, the short-interest ratio is presently 1.1 days. Based on an average trading volume of 45,613 shares, the short-interest ratio is presently 1.1 days. Approximately 0.4% of the company’s shares are sold short.

Institutional Trading of Pop Culture Group

A hedge fund recently bought a new stake in Pop Culture Group stock. Connective Capital Management LLC acquired a new stake in shares of Pop Culture Group Co., Ltd. (NASDAQ:CPOP) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 365,822 shares of the company’s stock, valued at approximately $325,000. Connective Capital Management LLC owned about 9.29% of Pop Culture Group as of its most recent SEC filing.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Pop Culture Group in a report on Monday, December 29th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the company presently has a consensus rating of “Sell”.

Pop Culture Group Stock Up 11.5%

NASDAQ CPOP traded up $0.04 during mid-day trading on Friday, reaching $0.42. The stock had a trading volume of 61,613 shares, compared to its average volume of 53,096. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.47 and a quick ratio of 1.47. Pop Culture Group has a 1 year low of $0.37 and a 1 year high of $2.61. The company has a fifty day moving average price of $0.45 and a 200 day moving average price of $0.79.

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.