Cheetah Net Supply Chain Service Inc. (NASDAQ:CTNT) Short Interest Update

Cheetah Net Supply Chain Service Inc. (NASDAQ:CTNT) was the recipient of a significant drop in short interest during the month of February. As of February 13th, there was short interest totaling 67,856 shares, a drop of 13.7% from the January 29th total of 78,595 shares. Based on an average daily volume of 53,081 shares, the short-interest ratio is presently 1.3 days. Currently, 3.3% of the company’s shares are short sold. Currently, 3.3% of the company’s shares are short sold. Based on an average daily volume of 53,081 shares, the short-interest ratio is presently 1.3 days.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Cheetah Net Supply Chain Service in a report on Wednesday, January 21st. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company presently has a consensus rating of “Sell”.

Cheetah Net Supply Chain Service Stock Performance

NASDAQ CTNT opened at $1.73 on Thursday. The stock has a fifty day simple moving average of $1.28 and a 200-day simple moving average of $1.49. The company has a current ratio of 7.51, a quick ratio of 7.51 and a debt-to-equity ratio of 0.06. The stock has a market cap of $4.72 million, a PE ratio of -2.16 and a beta of 1.46. Cheetah Net Supply Chain Service has a twelve month low of $1.03 and a twelve month high of $2.31.

Institutional Investors Weigh In On Cheetah Net Supply Chain Service

An institutional investor recently bought a new position in Cheetah Net Supply Chain Service stock. Two Sigma Investments LP acquired a new position in shares of Cheetah Net Supply Chain Service Inc. (NASDAQ:CTNT) in the third quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 17,750 shares of the company’s stock, valued at approximately $32,000. Two Sigma Investments LP owned 0.65% of Cheetah Net Supply Chain Service as of its most recent filing with the SEC. 0.04% of the stock is currently owned by institutional investors.

About Cheetah Net Supply Chain Service

Cheetah Net Supply Chain Service Group, Inc, through its subsidiaries, operates as an integrated supply chain service provider primarily focused on meeting the needs of cross-border e-commerce and consumer goods companies. The company delivers end-to-end supply chain solutions, leveraging an internet-driven platform to enhance transparency, efficiency and cost control across clients’ procurement and logistics operations.

Key offerings include supply chain design and consulting, global procurement and sourcing support, quality control and inspection, as well as bonded and non-bonded warehousing services.