Short Interest in CCSC Technology International Holdings Limited (NASDAQ:CCTG) Rises By 477.8%

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

CCSC Technology International Price Performance

Shares of CCTG opened at $1.67 on Wednesday. CCSC Technology International has a twelve month low of $1.20 and a twelve month high of $30.00. The firm has a fifty day simple moving average of $1.69 and a two-hundred day simple moving average of $1.71.

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.