Today Gridsum Holding Inc – American Depositary Shares (NASDAQ:GSUM) Reported Decrease in Shorted Shares


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 1.36% or $0.03 during the last trading session, reaching $2.23. About 51,123 shares traded. Gridsum Holding Inc. (NASDAQ:GSUM) has declined 55.84% since February 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 $68.76 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: Globenewswire.com which released: “Stull, Stull & Brody Announces Class Action Suit on Behalf of Purchasers of the Securities of Gridsum Holding Inc. (NASDAQ:GSUM) – GlobeNewswire” on October 12, 2018, also Globenewswire.com with their article: “Gridsum Announces Launch of Artificial Intelligence Engine: Gridsum Prophet – GlobeNewswire” published on May 25, 2017, Streetinsider.com published: “Gridsum (GSUM) Reports Suspension of Audit Report on Financial Statements – StreetInsider.com” on April 23, 2018. More interesting news about Gridsum Holding Inc. (NASDAQ:GSUM) were released by: Prnewswire.com and their article: “Gridsum Regains Compliance with Nasdaq Listing Rules – PRNewswire” published on January 14, 2019 as well as Nasdaq.com‘s news article titled: “Gridsum Holdings, Inc. (GSUM), Interview with Guosheng Qi, CEO – Nasdaq” with publication date: October 21, 2016.

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