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Chinacache International Holdings Limited (NASDAQ:CCIH) was the target of a significant drop in short interest during the month of January. As of January 31st, there was short interest totalling 466,537 shares, a drop of 25.2% from the January 15th total of 623,929 shares, Analyst Ratings Network.com reports. Based on an average trading volume of 747,498 shares, the short-interest ratio is presently 0.6 days. Currently, 2.4% of the company’s shares are sold short.

Shares of Chinacache International Holdings Limited (NASDAQ:CCIH) opened at 20.67 on Friday. Chinacache International Holdings Limited has a 1-year low of $3.50 and a 1-year high of $21.85. The stock has a 50-day moving average of $14.63 and a 200-day moving average of $8.7. The company’s market cap is $471.9 million.

ChinaCache International Holdings Ltd. (NASDAQ:CCIH) is a holding company and conducts is business through its operating subsidiary and affiliated entities.

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