Gridsum Holding Inc – American Depositary Shares (NASDAQ:GSUM) Shorted Shares Decreased By 9.11%


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 March 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 0.26% or $0.01 during the last trading session, reaching $3.86. About 129,574 shares traded. Gridsum Holding Inc. (NASDAQ:GSUM) has declined 55.84% since March 3, 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 $119.02 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 Prnewswire.com with their article: “Gridsum Forms Strategic Technology Partnership with New H3C Group – PRNewswire” published on February 13, 2019, Prnewswire.com published: “Gridsum Awarded as Beijing Enterprise Technology Center – PR Newswire” on June 21, 2018. More interesting news about Gridsum Holding Inc. (NASDAQ:GSUM) were released by: Prnewswire.com and their article: “Gridsum Files Annual Report on Form 20-F for Fiscal Year 2017 – PRNewswire” published on January 07, 2019 as well as Nasdaq.com‘s news article titled: “Technology Sector Update for 01/08/2019: MAXR,CREE,STM,MEET,GSUM – Nasdaq” with publication date: January 08, 2019.

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