Short Interest in CCSC Technology International Holdings Limited (NASDAQ:CCTG) Expands By 14.4%

CCSC Technology International Holdings Limited (NASDAQ:CCTG) was the recipient of a large increase in short interest in October. As of October 31st, there was short interest totalling 69,200 shares, an increase of 14.4% from the October 15th total of 60,500 shares. Currently, 3.0% of the company’s stock are sold short. Based on an average daily volume of 623,500 shares, the days-to-cover ratio is currently 0.1 days.

CCSC Technology International Stock Down 2.6 %

Shares of NASDAQ:CCTG traded down $0.04 during midday trading on Friday, reaching $1.51. The company had a trading volume of 19,234 shares, compared to its average volume of 625,283. The stock’s fifty day moving average price is $1.77 and its 200-day moving average price is $1.94. CCSC Technology International has a one year low of $1.20 and a one year 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.