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

CCSC Technology International Holdings Limited (NASDAQ:CCTG) was the recipient of a large increase in short interest in December. As of December 31st, there was short interest totalling 377,900 shares, an increase of 477.8% from the December 15th total of 65,400 shares. Approximately 16.4% of the shares of the company are sold short. Based on an average daily trading volume, of 714,800 shares, the short-interest ratio is currently 0.5 days.

CCSC Technology International Trading Down 10.5 %

CCTG traded down $0.20 during trading on Monday, reaching $1.70. 28,233 shares of the company traded hands, compared to its average volume of 84,011. CCSC Technology International has a 12-month low of $1.20 and a 12-month high of $30.00. The firm has a fifty day simple moving average of $1.71 and a 200 day simple moving average of $1.76.

About CCSC Technology International

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.