CCH Holdings Ltd (NASDAQ:CCHH – Get Free Report) was the recipient of a large growth in short interest in the month of October. As of October 30th, there was short interest totaling 25,093 shares, a growth of 479.4% from the October 15th total of 4,331 shares. Approximately 0.6% of the company’s shares are short sold. Based on an average daily volume of 25,376 shares, the short-interest ratio is currently 1.0 days.
CCH Stock Performance
NASDAQ:CCHH opened at $0.75 on Wednesday. CCH has a 12-month low of $0.72 and a 12-month high of $153.90. The stock’s 50 day moving average price is $1.00 and its two-hundred day moving average price is $3.61.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of CCH in a report on Monday, September 28th. One investment analyst has rated the stock with a Sell rating. According to MarketBeat, the stock currently has a consensus rating of “Sell”.
About CCH
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.
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