CCSC Technology International Holdings Limited (NASDAQ:CCTG) Short Interest Update

CCSC Technology International Holdings Limited (NASDAQ:CCTG) was the recipient of a significant increase in short interest during the month of 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. Based on an average daily trading volume, of 714,800 shares, the days-to-cover ratio is currently 0.5 days. Approximately 16.4% of the company’s shares are sold short.

CCSC Technology International Stock Down 10.5 %

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

CCSC Technology International Company Profile

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.