Is Gridsum Holding Inc – American Depositary Shares (NASDAQ:GSUM)’s Fuel Running Low? Reports Show More Sellers

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 May as published by FINRA. Its up 500.53% from 131,200 shares, reported previously. With 1.29M 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 1.34% or $0.05 during the last trading session, reaching $3.68. About 14,140 shares traded. Gridsum Holding Inc. (NASDAQ:GSUM) has declined 61.60% since May 13, 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 $113.47 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: which released: “May 01, 2019 – Migdal Insurance & Financial Holdings Ltd. Buys SPDR Select Sector Fund – Utilities, iShares Russell 2000, iShares Core S&P Mid-Cap, Sells iShares Core MSCI Emerging Markets, SPDR S&P Regional Banking, VanEck Vectors Semiconductor –” on May 01, 2019, also with their article: “Gridsum Files Annual Report on Form 20-F for Fiscal Year 2018 – Benzinga” published on April 24, 2019, published: “Gridsum Regains Compliance with Nasdaq Listing Rules – PRNewswire” on January 14, 2019. More interesting news about Gridsum Holding Inc. (NASDAQ:GSUM) were released by: and their article: “Gridsum prices IPO at $13, above the range – Nasdaq” published on September 23, 2016 as well as‘s news article titled: “20 Stocks Moving In Monday’s Pre-Market Session – Benzinga” with publication date: December 17, 2018.

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