Seven Stars Cloud Group Inc. (NASDAQ:SSC) saw a significant decrease in short interest in October. As of October 13th, there was short interest totalling 452,692 shares, a decrease of 28.3% from the September 29th total of 631,179 shares. Based on an average daily trading volume, of 153,494 shares, the days-to-cover ratio is currently 2.9 days. Currently, 1.8% of the company’s shares are sold short.

Shares of Seven Stars Cloud Group (NASDAQ SSC) opened at 1.79 on Tuesday. The stock’s market capitalization is $111.25 million. Seven Stars Cloud Group has a 52-week low of $1.10 and a 52-week high of $3.44. The stock has a 50 day moving average of $2.08 and a 200-day moving average of $2.16.

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Seven Stars Cloud Group Company Profile

Seven Stars Cloud Group, Inc, formerly Wecast Network, Inc, is engaged in providing cloud-based, business to business (B2B) solutions for business landscape. The Company focuses on BASE technology and infrastructure including Blockchain, artificial intelligence, supply chain and exchanges to the virtual platform as a service (v pass).

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