CCSC Technology International Holdings Limited (NASDAQ:CCTG) Short Interest Update

CCSC Technology International Holdings Limited (NASDAQ:CCTG) was the recipient of a large decline in short interest during the month of February. As of February 15th, there was short interest totalling 80,400 shares, a decline of 33.8% from the January 31st total of 121,500 shares. Based on an average trading volume of 171,200 shares, the days-to-cover ratio is presently 0.5 days. Currently, 3.5% of the company’s stock are sold short.

Hedge Funds Weigh In On CCSC Technology International

A hedge fund recently bought a new stake in CCSC Technology International stock. Two Sigma Investments LP acquired a new stake in CCSC Technology International Holdings Limited (NASDAQ:CCTG) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 15,899 shares of the company’s stock, valued at approximately $25,000. Two Sigma Investments LP owned 0.14% of CCSC Technology International at the end of the most recent reporting period.

CCSC Technology International Stock Performance

Shares of CCTG stock traded up $0.01 on Tuesday, hitting $1.67. The stock had a trading volume of 11,927 shares, compared to its average volume of 98,667. CCSC Technology International has a 12-month low of $1.20 and a 12-month high of $4.72. The business has a 50 day moving average of $1.72 and a 200 day moving average of $1.70.

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.