AGM Group Holdings Inc. (NASDAQ:AGMH) Sees Large Drop in Short Interest

Posted by ABMN Staff on Mar 26th, 2026

AGM Group Holdings Inc. (NASDAQ:AGMH – Get Free Report) was the recipient of a significant drop in short interest in the month of March. As of March 13th, there was short interest totaling 64,800 shares, a drop of 58.7% from the February 26th total of 156,811 shares. Based on an average daily trading volume, of 32,021 shares, the days-to-cover ratio is presently 2.0 days. Currently, 3.1% of the shares of the company are short sold.

Analysts Set New Price Targets

Separately, Weiss Ratings downgraded AGM Group from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Monday, January 12th. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, AGM Group currently has a consensus rating of “Sell” and an average price target of $5.77.

Read Our Latest Report on AGMH

Institutional Inflows and Outflows

An institutional investor recently bought a new position in AGM Group stock. Bank of America Corp DE purchased a new position in AGM Group Holdings Inc. (NASDAQ:AGMH – Free Report) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 15,982 shares of the company’s stock, valued at approximately $37,000. Bank of America Corp DE owned approximately 3.02% of AGM Group as of its most recent filing with the Securities and Exchange Commission.

AGM Group Stock Performance

Shares of AGMH stock opened at $0.98 on Thursday. AGM Group has a one year low of $0.95 and a one year high of $18.10. The company’s fifty day moving average price is $1.47 and its 200-day moving average price is $3.01.

AGM Group Company Profile

(Get Free Report)

AGM Group Holdings, Inc (NASDAQ:AGMH) is a blank check company incorporated in Delaware in April 2021. It was formed as a special purpose acquisition company (SPAC) with no commercial operations at inception and no revenues other than interest earned on its trust account balances. The company’s primary objective is to identify and complete a business combination with one or more operating businesses.

In connection with its initial public offering, AGM Group issued units comprising one share of common stock and a fraction of one redeemable warrant, with gross proceeds deposited into a trust account.