An entertainment and education company, Color Star Technology Co., Ltd. (NASDAQ: ADD) experienced a significant increase in short interest during the month of June. As of June 15th, there were 456,900 shares of short interest, which was a substantial rise of 181.9% from the total of 162,100 shares on May 31st. Currently, 6.7% of the company’s stock is being short sold, with a days-to-cover ratio of 0.9 days based on an average daily trading volume of 493,900 shares.
The stock opened at $0.21 on Friday, with a 52-week low of $0.17 and a high of $1.86. The company has a 50-day moving average price of $0.23 and a 200-day moving average price of $0.28 on MarketBeat’s free daily email newsletter for more information about Color Star Technology and related news .
Color World platform provides a range of curriculum options including music, sports, animation, painting and calligraphy, film and television, and life skills in both United States and China .
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