CCSC Technology International Holdings Limited (NASDAQ:CCTG) Short Interest Update

CCSC Technology International Holdings Limited (NASDAQ:CCTG) saw a significant decrease in short interest in the month of December. As of December 15th, there was short interest totaling 13,679 shares, a decrease of 96.8% from the November 30th total of 433,479 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 535,139 shares, the days-to-cover ratio is presently 0.0 days. Based on an average daily trading volume, of 535,139 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.1% of the company’s stock are short sold.

CCSC Technology International Price Performance

CCSC Technology International stock traded down $0.01 during midday trading on Wednesday, reaching $0.17. The stock had a trading volume of 491,440 shares, compared to its average volume of 1,079,697. CCSC Technology International has a 1-year low of $0.12 and a 1-year high of $2.61. The company has a quick ratio of 1.89, a current ratio of 2.35 and a debt-to-equity ratio of 0.01. The firm’s fifty day simple moving average is $0.52 and its 200-day simple moving average is $0.94.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of CCSC Technology International in a report on Wednesday, October 8th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock presently has an average rating of “Sell”.

CCSC Technology International Company Profile

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. The company was founded in 1993 and is headquartered in Sha Tin, Hong Kong.