Click Holdings Limited (NASDAQ:CLIK) Shares Shorted: Short Interest Up 257.4% in October

Click Holdings Limited (NASDAQ:CLIK) was the target of a significant growth in short interest during the month of October. As of October 30th, there was short interest totaling 56,571 shares, a growth of 257.4% from the October 15th total of 15,830 shares. Based on an average daily trading volume, of 1,668,984 shares, the short-interest ratio is currently 0.0 days. Currently, 4.9% of the shares of the company are short sold.

Click Price Performance

Shares of NASDAQ:CLIK traded up $0.07 during midday trading on Thursday, reaching $0.78. 62,881 shares of the company’s stock were exchanged, compared to its average volume of 1,079,999. The company’s 50 day simple moving average is $1.05 and its two-hundred day simple moving average is $1.96. Click has a 12 month low of $0.60 and a 12 month high of $8.65.

Click (NASDAQ:CLIK) last posted its earnings results on Thursday, October 22nd. The company reported $0.02 earnings per share for the quarter. The business had revenue of $4.83 million during the quarter.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Click in a report on Monday, September 21st. One equities research analyst has rated the stock with a Sell rating. According to data from MarketBeat, the company has a consensus rating of “Sell”.

Institutional Investors Weigh In On Click

An institutional investor recently bought a new stake in Click stock. Renaissance Technologies LLC purchased a new stake in Click Holdings Limited (NASDAQ:CLIK) during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 14,200 shares of the company’s stock, valued at approximately $25,000. Renaissance Technologies LLC owned 1.23% of Click at the end of the most recent reporting period.

Click Company Profile

Click Holdings Limited is a digital marketing company that provides online advertising and marketing services to businesses. The company develops digital campaigns designed to help clients build brand awareness, engage customers and generate business through online channels. Its services include social media marketing, search engine marketing, content development, creative services and other digital marketing solutions. Click works with businesses seeking to reach consumers through digital platforms and may provide campaign planning, execution and performance management.