DDC Enterprise Limited (NYSEAMERICAN:DDC) Short Interest Down 56.7% in August

DDC Enterprise Limited (NYSEAMERICAN:DDC) was the target of a significant drop in short interest in the month of August. As of August 14th, there was short interest totaling 115,300 shares, a drop of 56.7% from the July 30th total of 266,261 shares. Based on an average trading volume of 523,389 shares, the short-interest ratio is currently 0.2 days. Approximately 0.3% of the shares of the company are sold short.

Institutional Trading of DDC Enterprise

A hedge fund recently bought a new position in DDC Enterprise stock. Anson Funds Management LP bought a new stake in shares of DDC Enterprise Limited (NYSEAMERICAN:DDC) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 956,694 shares of the company’s stock, valued at approximately $1,894,000. Anson Funds Management LP owned approximately 4.11% of DDC Enterprise as of its most recent filing with the Securities and Exchange Commission. Hedge funds and other institutional investors own 0.22% of the company’s stock.

DDC Enterprise Price Performance

Shares of DDC stock opened at $0.41 on Monday. The company has a quick ratio of 0.86, a current ratio of 0.88 and a debt-to-equity ratio of 0.49. DDC Enterprise has a 1 year low of $0.37 and a 1 year high of $14.19. The company’s fifty day simple moving average is $0.64.

About DDC Enterprise

DDC Enterprise Ltd is a content driven consumer brand offering easy, convenient ready-to-heat, ready-to-cook, and plant-based meal products i.e. meal products consisting largely or solely of vegetables, fruits, grains, and other foods derived from plant-based protein, rather than animal protein) while promoting healthier lifestyle choices to the Millennial and Generation Z customer-base. The company’s operates in two operating segments: merchandise sales and fresh agriculture produce. It is also engaged in the provision of advertising services and the operation of experience stores to offer cooking classes.