Cheetah Mobile Inc. (NYSE:CMCM) Short Interest Update

Cheetah Mobile Inc. (NYSE:CMCM) was the recipient of a significant increase in short interest during the month of February. As of February 15th, there was short interest totalling 18,500 shares, an increase of 249.1% from the January 31st total of 5,300 shares. Currently, 0.2% of the company’s shares are sold short. Based on an average daily trading volume, of 54,600 shares, the short-interest ratio is presently 0.3 days.

Cheetah Mobile Trading Up 0.6 %

Shares of NYSE CMCM traded up $0.03 during midday trading on Friday, reaching $5.30. 46,831 shares of the stock were exchanged, compared to its average volume of 45,790. Cheetah Mobile has a 12 month low of $2.25 and a 12 month high of $6.78. The business has a 50-day simple moving average of $4.90 and a two-hundred day simple moving average of $4.57.

Cheetah Mobile (NYSE:CMCM) last issued its quarterly earnings data on Tuesday, December 17th. The software maker reported ($0.20) EPS for the quarter.

Analysts Set New Price Targets

Separately, StockNews.com raised Cheetah Mobile from a “hold” rating to a “buy” rating in a research note on Thursday, December 19th.

Cheetah Mobile Company Profile

Cheetah Mobile Inc along with its subsidiaries, engages in provision of internet services, artificial intelligence, and other services in the People's Republic of China, Hong Kong, Japan, and internationally. The company's internet products include Duba Anti-virus, an internet security application to protect users against known and unknown security threats and malicious applications; and Clean Master, a junk file cleaning, memory boosting, and privacy protection tool for mobile devices.