Is Buying Gridsum Holding Inc – American Depositary Shares (NASDAQ:GSUM) Here Good Idea? – Thorold News

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 December 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 decreased 7.26% or $0.18 during the last trading session, reaching $2.3. About 6,124 shares traded. Gridsum Holding Inc. (NASDAQ:GSUM) has declined 55.84% since December 31, 2017 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 $70.90 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: Prnewswire.com which released: “Gridsum Wins First Place at the 2018 China AI and Law Challenge – PR Newswire” on September 12, 2018, also Investorideas.com with their article: “Investorideas.com podcasts – The AI Eye: Watching stock news, deal tracker and advancements in artificial intelligence – InvestorIdeas.com” published on October 31, 2018, Prnewswire.com published: “Gridsum Holding Investigated For Securities Law Violations By Block & Leviton LLP; Investors Are Encouraged To Contact The Firm – PR Newswire” on April 23, 2018. More interesting news about Gridsum Holding Inc. (NASDAQ:GSUM) were released by: Nasdaq.com and their article: “Gridsum Holdings, Inc. (GSUM), Interview with Guosheng Qi, CEO – Nasdaq” published on October 21, 2016 as well as Thestreet.com‘s news article titled: “ZTO Express, One of Alibaba’s Largest Shippers, Has Great Timing For U.S. Listing – TheStreet.com” with publication date: October 19, 2016.