CCSC Technology International Holdings Limited (NASDAQ:CCTG) Sees Large Increase in Short Interest

CCSC Technology International Holdings Limited (NASDAQ:CCTGGet Free Report) saw a significant growth in short interest in the month of December. As of December 31st, there was short interest totalling 377,900 shares, a growth of 477.8% from the December 15th total of 65,400 shares. Currently, 16.4% of the company’s shares are sold short. Based on an average daily volume of 714,800 shares, the short-interest ratio is presently 0.5 days.

CCSC Technology International Price Performance

Shares of CCSC Technology International stock traded up $0.01 on Wednesday, reaching $1.70. The company had a trading volume of 16,501 shares, compared to its average volume of 68,481. The firm’s 50 day moving average price is $1.70 and its two-hundred day moving average price is $1.75. CCSC Technology International has a 52-week low of $1.20 and a 52-week high of $30.00.

CCSC Technology International Company Profile

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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.

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