Short Interest in Chinacache International Holdings Limited Rises By 34.4% (CCIH)
Chinacache International Holdings Limited (NASDAQ:CCIH) was the recipient of a significant growth in short interest during the month of May. As of May 15th, there was short interest totalling 1,116,500 shares, a growth of 34.4% from the April 30th total of 830,756 shares, Analyst RN reports. Currently, 5.0% of the company’s stock are short sold. Based on an average daily trading volume, of 428,642 shares, the days-to-cover ratio is presently 2.6 days.
Chinacache International Holdings Limited (NASDAQ:CCIH) opened at 13.67 on Thursday. Chinacache International Holdings Limited has a 1-year low of $3.75 and a 1-year high of $29.34. The stock has a 50-day moving average of $14.24 and a 200-day moving average of $15.22. The company’s market cap is $326.0 million.
Chinacache International Holdings Limited (NASDAQ:CCIH) last posted its quarterly earnings results on Wednesday, March 12th. The company reported ($0.09) EPS for the quarter. The company had revenue of $56.10 million for the quarter.
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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