Caravelle International Group (NASDAQ:CACO) Short Interest Down 7.2% in June

Caravelle International Group (NASDAQ:CACO) was the recipient of a significant decrease in short interest in the month of June. As of June 15th, there was short interest totalling 31,100 shares, a decrease of 7.2% from the May 31st total of 33,500 shares. Based on an average trading volume of 178,300 shares, the short-interest ratio is currently 0.2 days. Approximately 0.5% of the shares of the stock are sold short.

Caravelle International Group Trading Down 10.0 %

NASDAQ:CACO traded down $0.05 during trading hours on Tuesday, hitting $0.44. The company’s stock had a trading volume of 151,142 shares, compared to its average volume of 108,884. Caravelle International Group has a 52-week low of $0.40 and a 52-week high of $1.21. The business’s 50-day moving average is $0.93 and its two-hundred day moving average is $0.71.

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.