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

Color Star Technology Co., Ltd. (NASDAQ:ADD) was the target of a significant increase in short interest during the month of December. As of December 31st, there was short interest totalling 257,900 shares, an increase of 70.3% from the December 15th total of 151,400 shares. Based on an average daily trading volume, of 994,600 shares, the short-interest ratio is currently 0.3 days. Currently, 44.8% of the shares of the company are sold short.

Color Star Technology Trading Down 6.8 %

NASDAQ:ADD opened at $1.78 on Thursday. Color Star Technology has a 12 month low of $1.42 and a 12 month high of $185.00. The firm has a fifty day simple moving average of $4.51 and a 200-day simple moving average of $36.14.

Institutional Trading of Color Star Technology

A hedge fund recently raised its stake in Color Star Technology stock. Jane Street Group LLC lifted its position in Color Star Technology Co., Ltd. (NASDAQ:ADD) by 713.3% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 324,976 shares of the company’s stock after purchasing an additional 285,016 shares during the quarter. Jane Street Group LLC owned about 0.62% of Color Star Technology worth $331,000 as of its most recent SEC filing. 3.44% of the stock is owned by hedge funds and other institutional investors.

Color Star Technology Company Profile

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.