Gridsum Holding Inc – American Depositary Shares (NASDAQ:GSUM) Has Decline in Shorts


The stock of Gridsum Holding Inc – American Depositary Shares (NASDAQ:GSUM) registered a decrease of 9.11% in short interest. GSUM’s total short interest was 678,100 shares in February as published by FINRA. Its down 9.11% from 746,100 shares, reported previously. With 59,400 shares average volume, it will take short sellers 11 days to cover their GSUM’s short positions. The short interest to Gridsum Holding Inc – American Depositary Shares’s float is 7.11%.

The stock increased 15.11% or $0.42 during the last trading session, reaching $3.2. About 2.94 million shares traded or 1603.93% up from the average. Gridsum Holding Inc. (NASDAQ:GSUM) has declined 55.84% since February 13, 2018 and is downtrending. It has underperformed by 55.84% 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 $98.67 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: Benzinga.com which released: “20 Stocks Moving In Monday’s Pre-Market Session – Benzinga” on December 17, 2018, also Prnewswire.com with their article: “Gridsum Provides Additional Information Regarding Audit Committee Investigation And Update On Anticipated Timing For Filing Audited Financial Statements And Annual Report – PRNewswire” published on December 17, 2018, Streetinsider.com published: “Gridsum (GSUM) Publishes Letter to Shareholders from CEO – StreetInsider.com” on January 08, 2019. More interesting news about Gridsum Holding Inc. (NASDAQ:GSUM) were released by: Prnewswire.com and their article: “Gridsum Signs Lianjia as New Client – PR Newswire” published on June 26, 2018 as well as Nasdaq.com‘s news article titled: “Asian ADRs Move Higher in Tuesday Trading – Nasdaq” with publication date: January 08, 2019.

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