The stock of Gridsum Holding Inc – American Depositary Shares (NASDAQ:GSUM) registered an increase of 500.53% in short interest. GSUM’s total short interest was 787,900 shares in April as published by FINRA. Its up 500.53% from 131,200 shares, reported previously. With 1.29 million shares average volume, it will take short sellers 1 days to cover their GSUM’s short positions. The short interest to Gridsum Holding Inc – American Depositary Shares’s float is 27.74%.
The stock increased 5.34% or $0.15 during the last trading session, reaching $2.96. About 60,799 shares traded. Gridsum Holding Inc. (NASDAQ:GSUM) has declined 61.60% since April 1, 2018 and is downtrending. It has underperformed by 65.97% the S&P500.
Gridsum Holding Inc. provides data analysis software for multinational and domestic enterprises, and government agencies in China. The company has market cap of $91.27 million. The Company’s proprietary distributed data architecture allows its clients to collect and analyze vast amounts of information; and Gridsum Big Data platform performs multi-dimensional correlation analysis and analyzes complex real-time events. It currently has negative earnings. The firm offers Web Dissector to analyze customer Websites by monitoring and analyzing key performance indicators; Mobile Dissector to understand mobile app user activity; SEM Dissector for search engine marketing; SEO Dissector, a search engine optimization tool; Ad Dissector, an advertisement performance monitoring and optimization product; Contribution Dissector to evaluate the performance of advertising campaigns; Audience Dissector, an audience analysis product; Recommendation Engine, a data driven content recommendation solution.
More notable recent Gridsum Holding Inc. (NASDAQ:GSUM) news were published by: Prnewswire.com which released: “Gridsum Announces Receipt of Nasdaq Staff Determination Letter and Intent to Request Hearing – PR Newswire” on October 31, 2018, also Globenewswire.com with their article: “Stull, Stull & Brody Announces Class Action Suit on Behalf of Purchasers of the Securities of Gridsum Holding Inc. (NASDAQ:GSUM) – GlobeNewswire” published on October 12, 2018, Seekingalpha.com published: “Enterprise Artificial Intelligence Could Make Gridsum Holding The Swing Trade Of 2018 – Seeking Alpha” on January 29, 2018. More interesting news about Gridsum Holding Inc. (NASDAQ:GSUM) were released by: Seekingalpha.com and their article: “ICPT, ORPN and NAVI among premarket gainers – Seeking Alpha” published on February 19, 2019 as well as Prnewswire.com‘s news article titled: “Gridsum Appoints Herman Fong as Director and Co-President – PRNewswire” with publication date: February 01, 2019.
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