Sound Group Inc. (NASDAQ:SOGP) Short Interest Down 28.4% in April

Sound Group Inc. (NASDAQ:SOGP) was the recipient of a significant decrease in short interest during the month of April. As of April 15th, there was short interest totalling 16,100 shares, a decrease of 28.4% from the March 31st total of 22,500 shares. Based on an average daily trading volume, of 793,300 shares, the short-interest ratio is currently 0.0 days. Approximately 0.4% of the company’s stock are short sold.

Sound Group Price Performance

Shares of SOGP stock traded up $0.18 on Friday, hitting $3.01. The company’s stock had a trading volume of 18,062 shares, compared to its average volume of 20,482. The firm has a market cap of $15.59 million, a PE ratio of 3.04 and a beta of 1.71. Sound Group has a fifty-two week low of $2.19 and a fifty-two week high of $12.20. The firm’s fifty day moving average price is $3.46.

About Sound Group

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.