Cancom SE (OTCMKTS:CCCMF) Sees Large Drop in Short Interest

Cancom SE (OTCMKTS:CCCMF) was the target of a significant decline in short interest during the month of January. As of January 31st, there was short interest totalling 4,900 shares, a decline of 58.1% from the January 15th total of 11,700 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Cancom Stock Performance

CCCMF stock remained flat at $26.11 during midday trading on Friday. The stock has a fifty day moving average price of $26.11 and a 200 day moving average price of $30.15. Cancom has a one year low of $26.11 and a one year high of $26.11.

About Cancom

CANCOM SE, together with its subsidiaries, provides information technology (IT) infrastructure and services in Germany and internationally. The company operates in two segments, Cloud Solutions and IT Solutions. The Cloud Solutions segment offers remote and shared managed services, as well as product and services related to hardware, software, and services.