Grande Group Limited (NASDAQ:GRAN) Sees Significant Growth in Short Interest

Grande Group Limited (NASDAQ:GRAN) was the recipient of a significant growth in short interest during the month of June. As of June 15th, there was short interest totaling 203,945 shares, a growth of 1,685.4% from the May 31st total of 11,423 shares. Approximately 0.8% of the company’s stock are short sold. Based on an average daily trading volume, of 2,046,030 shares, the days-to-cover ratio is currently 0.1 days.

Grande Group Trading Down 7.2%

Shares of NASDAQ:GRAN traded down $0.10 during midday trading on Thursday, hitting $1.35. 606 shares of the company’s stock were exchanged, compared to its average volume of 1,490,270. Grande Group has a 12 month low of $0.80 and a 12 month high of $6.70. The stock has a 50 day moving average price of $1.19 and a 200-day moving average price of $2.17.

Institutional Trading of Grande Group

An institutional investor recently bought a new position in Grande Group stock. Nomura Holdings Inc. acquired a new position in Grande Group Limited (NASDAQ:GRAN) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 49,787 shares of the company’s stock, valued at approximately $144,000. Nomura Holdings Inc. owned about 0.20% of Grande Group as of its most recent SEC filing.

Grande Group Company Profile

Headquartered in Hong Kong, we are a holding company incorporated in the British Virgin Islands, and all of our business is carried out by our wholly-owned Operating Subsidiary in Hong Kong, Grande Capital. Grande Capital is a boutique financial firm that focuses on providing quality corporate finance advisory services to clients in Asia. Grande Capital is a licensed corporation under the SFO to engage in Type 1 (dealing in securities) and Type 6 (advising on corporate finance) regulated activities in Hong Kong.