Short Interest in CCSC Technology International Holdings Limited (NASDAQ:CCTG) Drops By 24.3%

CCSC Technology International Holdings Limited (NASDAQ:CCTG) was the target of a significant decrease in short interest in the month of August. As of August 31st, there was short interest totalling 40,900 shares, a decrease of 24.3% from the August 15th total of 54,000 shares. Based on an average trading volume of 46,600 shares, the days-to-cover ratio is currently 0.9 days. Currently, 2.0% of the company’s stock are sold short.

CCSC Technology International Stock Up 11.1 %

Shares of NASDAQ CCTG traded up $0.18 during mid-day trading on Tuesday, hitting $1.81. The company had a trading volume of 102,777 shares, compared to its average volume of 547,435. CCSC Technology International has a 1-year low of $1.20 and a 1-year high of $30.00. The business’s 50-day simple moving average is $1.70 and its 200 day simple moving average is $2.26.

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.