CCSC Technology International Holdings Limited (NASDAQ:CCTG) Short Interest Up 477.8% in January

CCSC Technology International Holdings Limited (NASDAQ:CCTG) saw a large increase in short interest in the month of January. As of January 15th, there was short interest totalling 377,900 shares, an increase of 477.8% from the December 31st total of 65,400 shares. Currently, 16.4% of the company’s stock are short sold. Based on an average daily volume of 714,800 shares, the days-to-cover ratio is presently 0.5 days.

CCSC Technology International Price Performance

Shares of CCSC Technology International stock opened at $1.67 on Wednesday. The business has a fifty day simple moving average of $1.69 and a two-hundred day simple moving average of $1.71. CCSC Technology International has a 12 month low of $1.20 and a 12 month high of $30.00.

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.