Cheetah Net Supply Chain Service Inc. (NASDAQ:CTNT) Short Interest Update

Cheetah Net Supply Chain Service Inc. (NASDAQ:CTNT) was the recipient of a large increase in short interest during the month of January. As of January 30th, there was short interest totaling 78,595 shares, an increase of 230.0% from the January 15th total of 23,817 shares. Based on an average daily trading volume, of 207,089 shares, the short-interest ratio is currently 0.4 days. Approximately 3.7% of the shares of the company are sold short. Approximately 3.7% of the shares of the company are sold short. Based on an average daily trading volume, of 207,089 shares, the short-interest ratio is currently 0.4 days.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Cheetah Net Supply Chain Service in a report on Wednesday, January 21st. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, Cheetah Net Supply Chain Service presently has an average rating of “Sell”.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Cheetah Net Supply Chain Service stock. Two Sigma Investments LP bought a new position in shares of Cheetah Net Supply Chain Service Inc. (NASDAQ:CTNT) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 17,750 shares of the company’s stock, valued at approximately $32,000. Two Sigma Investments LP owned approximately 0.65% of Cheetah Net Supply Chain Service at the end of the most recent reporting period. Institutional investors own 0.04% of the company’s stock.

Cheetah Net Supply Chain Service Trading Up 12.4%

Shares of CTNT stock traded up $0.17 on Friday, reaching $1.50. 38,298 shares of the stock were exchanged, compared to its average volume of 104,604. The firm has a 50 day moving average of $1.22 and a two-hundred day moving average of $1.49. Cheetah Net Supply Chain Service has a 1-year low of $1.03 and a 1-year high of $2.37. The company has a quick ratio of 7.51, a current ratio of 7.51 and a debt-to-equity ratio of 0.06. The stock has a market cap of $4.08 million, a P/E ratio of -1.87 and a beta of 1.96.

Cheetah Net Supply Chain Service Company Profile

Cheetah Net Supply Chain Service Group, Inc, through its subsidiaries, operates as an integrated supply chain service provider primarily focused on meeting the needs of cross-border e-commerce and consumer goods companies. The company delivers end-to-end supply chain solutions, leveraging an internet-driven platform to enhance transparency, efficiency and cost control across clients’ procurement and logistics operations.

Key offerings include supply chain design and consulting, global procurement and sourcing support, quality control and inspection, as well as bonded and non-bonded warehousing services.