CCH Holdings Ltd (NASDAQ:CCHH – Get Free Report) was the recipient of a large decline in short interest in the month of April. As of April 30th, there was short interest totaling 25,338 shares, a decline of 54.7% from the April 15th total of 55,980 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average daily volume of 90,618 shares, the days-to-cover ratio is currently 0.3 days.
CCH Trading Down 2.1%
Shares of CCHH traded down $0.01 during trading hours on Friday, hitting $0.40. The company had a trading volume of 21,037 shares, compared to its average volume of 5,654,705. The company’s fifty day moving average price is $0.60 and its two-hundred day moving average price is $2.34. CCH has a one year low of $0.36 and a one year high of $15.39.
Wall Street Analyst Weigh In
Separately, Weiss Ratings reissued a “sell (e-)” rating on shares of CCH in a research note on Friday, March 27th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Sell”.
About CCH
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.
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