Gridsum Holding Inc – American Depositary Shares (NASDAQ:GSUM) Sellers Decreased By 9.11% Their Shorts

Gridsum Holding Inc – American Depositary Shares (NASDAQ:GSUM) had a decrease of its shares shorted by 9.11%. In February was announced GSUM’s total 678,100 shares shorted by FINRA. That’s 9.11% down from 746,100 shares. Gridsum Holding Inc – American Depositary Shares (NASDAQ:GSUM) has 59,400 shares average volume. It’ll cost 11 days for GSUM to recover its former position. Gridsum Holding Inc – American Depositary Shares float short is 7.11%.

GSUM touched $3.15 during the last trading session after $0.37 change.Gridsum Holding Inc. is downtrending after having declined 55.84% since February 14, 2018. GSUM has 4.34M volume or 1692.60% up from normal. GSUM underperformed the S&P 500 by 55.84%.

Gridsum Holding Inc. provides data analysis software for multinational and domestic enterprises, and government agencies in China.The company has $97.13 million market cap. 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.Currently it 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.

For more Gridsum Holding Inc. (NASDAQ:GSUM) news published briefly go to: Prnewswire.com, Prnewswire.com, Prnewswire.com, Benzinga.com or Prnewswire.com. The titles are as follows: “Gridsum Receives NASDAQ Notices and Files Annual Report and Interim Report – PRNewswire” published on January 07, 2019, “Gridsum Announces Receipt of Nasdaq Staff Determination Letter and Intent to Request Hearing – PR Newswire” on October 31, 2018, “Gridsum Granted Extension by Nasdaq to Regain Compliance – PR Newswire” with a publish date: August 29, 2018, “72 Biggest Movers From Yesterday – Benzinga” and the last “Gridsum Appoints Herman Fong as Director and Co-President – PRNewswire” with publication date: February 01, 2019.

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