Everbright Digital Holding Limited (NASDAQ:EDHL) Short Interest Update

Everbright Digital Holding Limited (NASDAQ:EDHL) was the recipient of a significant growth in short interest in the month of July. As of July 15th, there was short interest totaling 81,609 shares, a growth of 291.7% from the June 30th total of 20,836 shares. Currently, 4.9% of the company’s stock are short sold. Based on an average daily trading volume, of 552,054 shares, the short-interest ratio is currently 0.1 days.

Institutional Trading of Everbright Digital

An institutional investor recently bought a new stake in Everbright Digital stock. Citadel Advisors LLC bought a new position in Everbright Digital Holding Limited (NASDAQ:EDHL) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 44,828 shares of the company’s stock, valued at approximately $30,000. Citadel Advisors LLC owned approximately 0.17% of Everbright Digital as of its most recent SEC filing.

Everbright Digital Price Performance

EDHL opened at $4.17 on Tuesday. The stock has a fifty day moving average price of $4.09 and a 200 day moving average price of $3.47. Everbright Digital has a 1 year low of $2.00 and a 1 year high of $25.60.

Everbright Digital (NASDAQ:EDHL) last posted its quarterly earnings results on Monday, May 4th. The company reported ($0.44) earnings per share for the quarter. The firm had revenue of $0.58 million during the quarter.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings upgraded Everbright Digital from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Thursday, July 16th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Everbright Digital has a consensus rating of “Sell”.

About Everbright Digital

Everbright Digital Holdings Co, Ltd. is a Cayman Islands holding company that, through its subsidiaries, delivers digital operation services and interactive solutions to cultural tourism, sports and small and medium-sized enterprises in the People’s Republic of China. The company specializes in digital marketing, content distribution and technology-driven platforms designed to enhance customer engagement and streamline operational workflows. Its portfolio includes digital interactive applications, intelligent library systems and tools for digital event management.

Since its founding in 2018, Everbright Digital has partnered with government agencies, cultural venues and commercial enterprises across more than 20 provinces.