Caravelle International Group (NASDAQ:CACO) Short Interest Down 25.1% in August

Caravelle International Group (NASDAQ:CACO) saw a significant drop in short interest in August. As of August 31st, there was short interest totalling 61,900 shares, a drop of 25.1% from the August 15th total of 82,600 shares. Currently, 0.6% of the company’s stock are short sold. Based on an average trading volume of 134,700 shares, the short-interest ratio is presently 0.5 days.

Caravelle International Group Trading Up 7.8 %

NASDAQ:CACO traded up $0.02 during mid-day trading on Tuesday, hitting $0.34. 2,988 shares of the company’s stock traded hands, compared to its average volume of 115,825. The company has a fifty day moving average of $0.43 and a 200 day moving average of $0.67. Caravelle International Group has a twelve month low of $0.21 and a twelve month high of $1.21.

About Caravelle International Group

Caravelle International Group, through its subsidiaries, provides ocean transportation services in Singapore and internationally. The company operates through two segments, Ocean Transportation and Heating Business. It provides international shipping services and carbon-neutral solutions for wood desiccation.