Color Star Technology Co., Ltd. (NASDAQ:ADD) Short Interest Update

Color Star Technology Co., Ltd. (NASDAQ:ADD) was the target of a significant decrease in short interest in the month of March. As of March 15th, there was short interest totalling 103,000 shares, a decrease of 23.8% from the February 28th total of 135,200 shares. Based on an average trading volume of 1,650,000 shares, the short-interest ratio is presently 0.1 days. Currently, 18.0% of the shares of the stock are sold short.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Color Star Technology stock. Jane Street Group LLC raised its position in Color Star Technology Co., Ltd. (NASDAQ:ADD) by 713.3% during the third quarter, according to its most recent filing with the SEC. The institutional investor owned 324,976 shares of the company’s stock after purchasing an additional 285,016 shares during the period. Jane Street Group LLC owned 0.62% of Color Star Technology worth $331,000 at the end of the most recent quarter. Institutional investors own 3.44% of the company’s stock.

Color Star Technology Stock Performance

NASDAQ:ADD opened at $0.80 on Monday. The stock’s 50-day moving average price is $1.20 and its 200-day moving average price is $19.44. Color Star Technology has a 52 week low of $0.70 and a 52 week high of $185.00.

About Color Star Technology

Color Star Technology Co, Ltd., an entertainment and education company, provides online entertainment performances and music education services in the United States and China. The company operates Color World, an online platform of curriculum that includes music, sports, animation, painting and calligraphy, film and television, life skills, etc.