CCH Holdings Ltd (NASDAQ:CCHH) Short Interest Update

CCH Holdings Ltd (NASDAQ:CCHH) was the recipient of a large increase in short interest during the month of June. As of June 15th, there was short interest totaling 540,788 shares, an increase of 2,103.5% from the May 31st total of 24,542 shares. Currently, 2.8% of the shares of the company are short sold. Based on an average trading volume of 15,664,014 shares, the short-interest ratio is currently 0.0 days.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “sell (e-)” rating on shares of CCH in a research report on Friday, March 27th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company currently has an average rating of “Sell”.

CCH Price Performance

CCHH stock traded up $0.02 on Friday, reaching $0.43. 125,930 shares of the company were exchanged, compared to its average volume of 9,026,425. CCH has a 12 month low of $0.30 and a 12 month high of $15.39. The stock’s fifty day moving average price is $0.45 and its 200 day moving average price is $0.96. The company has a current ratio of 2.11, a quick ratio of 2.04 and a debt-to-equity ratio of 0.22.

CCH (NASDAQ:CCHH) last issued its quarterly earnings results on Saturday, May 16th. The company reported ($0.07) earnings per share for the quarter. The business had revenue of $2.46 million for the quarter.

CCH Company Profile

We are one of the leading specialty hotpot restaurant chains in Malaysia, specializing in chicken hotpot and fish head hotpot. With roots in George Town, Penang, Malaysia since 2015, we have become a top player in the specialty hotpot market in Malaysia. Our principal executive offices are located in Pulau Pinang, Malaysia.