Short Interest in Cheer Holding, Inc. (NASDAQ:CHR) Declines By 12.5%

Cheer Holding, Inc. (NASDAQ:CHR) saw a significant decline in short interest in the month of December. As of December 31st, there was short interest totalling 65,700 shares, a decline of 12.5% from the December 15th total of 75,100 shares. Approximately 0.9% of the shares of the company are short sold. Based on an average trading volume of 91,600 shares, the short-interest ratio is presently 0.7 days.

Cheer Trading Up 1.8 %

Shares of NASDAQ CHR traded up $0.05 during mid-day trading on Friday, hitting $2.50. The company had a trading volume of 11,934 shares, compared to its average volume of 36,042. The firm’s 50 day simple moving average is $2.62 and its two-hundred day simple moving average is $2.65. Cheer has a 12 month low of $2.18 and a 12 month high of $3.90.

About Cheer

Cheer Holding, Inc, through its subsidiaries, provides advertisement and content production services in the People’s Republic of China. It operates through Cheers APP Internet Business and Traditional Media Businesses segments. The company also engages in mobile and online advertising, and media and entertainment businesses.