Sound Group Inc. (NASDAQ:SOGP) Short Interest Update

Sound Group Inc. (NASDAQ:SOGP) was the recipient of a large decrease in short interest in 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 trading volume of 793,300 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.4% of the shares of the company are sold short.

Sound Group Stock Up 6.4 %

SOGP stock traded up $0.18 during mid-day trading on Friday, hitting $3.01. 18,062 shares of the company were exchanged, compared to its average volume of 20,482. Sound Group has a 1-year low of $2.19 and a 1-year high of $12.20. The firm has a market cap of $15.59 million, a PE ratio of 3.04 and a beta of 1.71. The business has a 50 day simple moving average of $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.