Short Interest in CCH Holdings Ltd (NASDAQ:CCHH) Expands By 2,103.5%

CCH Holdings Ltd (NASDAQ:CCHH) was the target of a large growth in short interest in June. As of June 15th, there was short interest totaling 540,788 shares, a growth of 2,103.5% from the May 31st total of 24,542 shares. Currently, 2.8% of the shares of the stock are short sold. Based on an average trading volume of 15,664,014 shares, the short-interest ratio is currently 0.0 days.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “sell (e-)” rating on shares of CCH in a research report on Friday, March 27th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Sell”.

CCH Stock Performance

Shares of CCH stock traded down $0.03 during trading hours on Thursday, reaching $0.41. The company’s stock had a trading volume of 223,767 shares, compared to its average volume of 9,020,298. The firm has a 50 day moving average price of $0.46 and a 200-day moving average price of $0.96. The company has a debt-to-equity ratio of 0.22, a quick ratio of 2.04 and a current ratio of 2.11. CCH has a one year low of $0.30 and a one year high of $15.39.

CCH (NASDAQ:CCHH) last announced its quarterly earnings results on Saturday, May 16th. The company reported ($0.07) EPS for the quarter. The company had revenue of $2.46 million for the quarter.

CCH Company Profile

We are one of the leading specialty hotpot restaurant chains in Malaysia, specializing in chicken hotpot and fish head hotpot. With roots in George Town, Penang, Malaysia since 2015, we have become a top player in the specialty hotpot market in Malaysia. Our principal executive offices are located in Pulau Pinang, Malaysia.