Oriental Culture Holding LTD (NASDAQ:OCG – Get Free Report) was the target of a significant drop in short interest in the month of May. As of May 29th, there was short interest totaling 131,046 shares, a drop of 48.8% from the May 14th total of 255,959 shares. Currently, 29.7% of the company’s stock are short sold. Based on an average daily volume of 148,891 shares, the days-to-cover ratio is presently 0.9 days.
Oriental Culture Stock Down 3.7%
Shares of OCG traded down $0.08 during mid-day trading on Friday, hitting $2.11. 138,010 shares of the company’s stock were exchanged, compared to its average volume of 737,609. The firm’s fifty day simple moving average is $1.95. Oriental Culture has a twelve month low of $1.50 and a twelve month high of $12,731.40.
Oriental Culture (NASDAQ:OCG – Get Free Report) last released its quarterly earnings results on Thursday, May 14th. The company reported $9.08 earnings per share for the quarter. The business had revenue of $0.87 million for the quarter.
Wall Street Analysts Forecast Growth
Get Our Latest Stock Analysis on OCG
Oriental Culture Company Profile
Oriental Culture Holding LTD, through its subsidiaries, operates an online platform to facilitate e-commerce of artwork trading in China. The company facilitates trading by individual and institutional customers of various collectibles, artworks, and commodities on its online platforms. It also provides online and offline integrated marketing, storage, and technical maintenance services, as well as industry solutions and related software products and system development services. The company was founded in 2018 and is headquartered in Central, Hong Kong.
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