Grande Group Limited (NASDAQ:GRAN) Short Interest Up 1,685.4% in June

Grande Group Limited (NASDAQ:GRAN) was the target of a significant growth in short interest in the month of June. As of June 15th, there was short interest totaling 203,945 shares, a growth of 1,685.4% from the May 31st total of 11,423 shares. Approximately 0.8% of the company’s stock are short sold. Based on an average daily volume of 2,046,030 shares, the days-to-cover ratio is currently 0.1 days.

Grande Group Price Performance

Shares of NASDAQ GRAN traded down $0.10 during trading on Thursday, hitting $1.35. 606 shares of the company traded hands, compared to its average volume of 1,490,270. The business’s fifty day moving average is $1.19 and its 200 day moving average is $2.17. Grande Group has a fifty-two week low of $0.80 and a fifty-two week high of $6.70.

Institutional Trading of Grande Group

An institutional investor recently bought a new stake in Grande Group stock. Nomura Holdings Inc. purchased a new position in Grande Group Limited (NASDAQ:GRAN) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 49,787 shares of the company’s stock, valued at approximately $144,000. Nomura Holdings Inc. owned approximately 0.20% of Grande Group as of its most recent filing with the Securities and Exchange Commission (SEC).

Grande Group Company Profile

Headquartered in Hong Kong, we are a holding company incorporated in the British Virgin Islands, and all of our business is carried out by our wholly-owned Operating Subsidiary in Hong Kong, Grande Capital. Grande Capital is a boutique financial firm that focuses on providing quality corporate finance advisory services to clients in Asia. Grande Capital is a licensed corporation under the SFO to engage in Type 1 (dealing in securities) and Type 6 (advising on corporate finance) regulated activities in Hong Kong.