Is Buying Gridsum Holding Inc – American Depositary Shares (NASDAQ:GSUM) Here Good Idea?


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 March 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 decreased 0.78% or $0.03 during the last trading session, reaching $3.8. About 203,510 shares traded. Gridsum Holding Inc. (NASDAQ:GSUM) has declined 61.60% since March 9, 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 $117.17 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: Seekingalpha.com which released: “Enterprise Artificial Intelligence Could Make Gridsum Holding The Swing Trade Of 2018 – Seeking Alpha” on January 29, 2018, also Nasdaq.com with their article: “Asian ADRs Move Lower in Friday Trading – Nasdaq” published on February 08, 2019, Nasdaq.com published: “Technology Sector Update for 01/08/2019: MAXR,CREE,STM,MEET,GSUM – Nasdaq” on January 08, 2019. More interesting news about Gridsum Holding Inc. (NASDAQ:GSUM) were released by: Benzinga.com and their article: “72 Biggest Movers From Yesterday – Benzinga” published on February 08, 2019 as well as Seekingalpha.com‘s news article titled: “ICPT, ORPN and NAVI among premarket gainers – Seeking Alpha” with publication date: February 19, 2019.

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