CCSC Technology International Holdings Limited (NASDAQ:CCTG) Sees Significant Growth in Short Interest

CCSC Technology International Holdings Limited (NASDAQ:CCTG) was the target of a large growth in short interest in January. As of January 15th, there was short interest totalling 377,900 shares, a growth of 477.8% from the December 31st total of 65,400 shares. Currently, 16.4% of the shares of the stock are short sold. Based on an average daily volume of 714,800 shares, the days-to-cover ratio is presently 0.5 days.

CCSC Technology International Stock Down 2.3 %

Shares of NASDAQ CCTG traded down $0.04 during midday trading on Tuesday, hitting $1.67. The company had a trading volume of 33,479 shares, compared to its average volume of 47,227. The business has a 50-day simple moving average of $1.69 and a two-hundred day simple moving average of $1.72. CCSC Technology International has a twelve month low of $1.20 and a twelve month high of $30.00.

About CCSC Technology International

CCSC Technology International Holdings Limited, through its subsidiaries, manufactures and sells interconnect products in Asia, Europe, and the Americas. It offers original equipment manufacturer and original design manufacture interconnect products, including connectors, cables, and wire harnesses used for a range of applications in various industries, such as industrial, automotive, robotics, medical equipment, computer, network and telecommunication, and consumer products.