Caravelle International Group (NASDAQ:CACO – Get Free Report) was the recipient of a large drop in short interest during the month of 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. Based on an average trading volume of 134,700 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.6% of the shares of the company are sold short.
Caravelle International Group Trading Up 7.8 %
NASDAQ:CACO traded up $0.02 during trading hours on Tuesday, reaching $0.34. The company had a trading volume of 2,988 shares, compared to its average volume of 115,825. Caravelle International Group has a 52 week low of $0.21 and a 52 week high of $1.21. The firm’s 50 day moving average price is $0.43 and its 200-day moving average price is $0.67.
About Caravelle International Group
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