Cheetah Net Supply Chain Service Inc. (NASDAQ:CTNT) Short Interest Update

Cheetah Net Supply Chain Service Inc. (NASDAQ:CTNT) saw a large decrease in short interest during the month of February. As of February 15th, there was short interest totalling 12,200 shares, a decrease of 60.3% from the January 31st total of 30,700 shares. Currently, 0.9% of the company’s stock are short sold. Based on an average daily volume of 1,920,000 shares, the short-interest ratio is presently 0.0 days.

Insiders Place Their Bets

In other Cheetah Net Supply Chain Service news, insider Huan Liu sold 45,938 shares of the firm’s stock in a transaction that occurred on Tuesday, December 3rd. The stock was sold at an average price of $6.52, for a total value of $299,515.76. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 54.72% of the company’s stock.

Cheetah Net Supply Chain Service Price Performance

Shares of CTNT traded up $0.03 during trading hours on Friday, hitting $1.93. The stock had a trading volume of 15,184 shares, compared to its average volume of 50,801. The stock has a market capitalization of $5.16 million, a price-to-earnings ratio of -0.96 and a beta of 2.05. Cheetah Net Supply Chain Service has a 52 week low of $1.70 and a 52 week high of $236.16. The company has a debt-to-equity ratio of 0.04, a current ratio of 14.85 and a quick ratio of 14.86. The company’s fifty day moving average is $2.47 and its two-hundred day moving average is $3.01.

Cheetah Net Supply Chain Service Company Profile

Cheetah Net Supply Chain Service Inc, together with its subsidiaries, supplies parallel-import vehicles in the United States, the People's Republic of China, and internationally. It purchases and resell branded automobiles under the Mercedes, Lexus, Range Rover, RAM and Toyota brands. The company was formerly known as Yuan Qiu Business Group LLC and changed its name to Cheetah Net Supply Chain Service Inc in March 2022.