Chinacache International Holdings Limited Sees Significant Increase in Short Interest (CCIH)
Shares of Chinacache International Holdings Limited (NASDAQ:CCIH) saw a large growth in short interest in May. As of May 30th, there was short interest totalling 1,523,177 shares, a growth of 36.4% from the May 15th total of 1,116,500 shares, StockRatingsNetwork reports. Currently, 6.8% of the shares of the company are short sold. Based on an average trading volume of 528,122 shares, the days-to-cover ratio is presently 2.9 days.
Chinacache International Holdings Limited (NASDAQ:CCIH) opened at 15.76 on Wednesday. Chinacache International Holdings Limited has a 52 week low of $3.75 and a 52 week high of $29.34. The stock has a 50-day moving average of $13.82 and a 200-day moving average of $15.66. The company’s market cap is $375.9 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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