Sound Group Inc. (NASDAQ:SOGP) Short Interest Down 43.7% in February

Sound Group Inc. (NASDAQ:SOGP) was the target of a significant drop in short interest in the month of February. As of February 28th, there was short interest totalling 9,800 shares, a drop of 43.7% from the February 13th total of 17,400 shares. Approximately 0.2% of the shares of the stock are short sold. Based on an average daily volume of 72,200 shares, the days-to-cover ratio is presently 0.1 days.

Sound Group Stock Performance

Shares of NASDAQ:SOGP traded up $0.06 during trading on Friday, reaching $2.29. The stock had a trading volume of 19,616 shares, compared to its average volume of 80,076. The business has a fifty day moving average price of $2.10 and a 200-day moving average price of $1.96. Sound Group has a 1-year low of $1.49 and a 1-year high of $3.96.

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.