Short Interest in CCA Industries, Inc. (OTCMKTS:CAWW) Increases By 90.0%

CCA Industries, Inc. (OTCMKTS:CAWW) was the target of a significant increase in short interest in March. As of March 15th, there was short interest totalling 1,900 shares, an increase of 90.0% from the February 28th total of 1,000 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily volume of 10,800 shares, the short-interest ratio is currently 0.2 days.

CCA Industries Stock Performance

OTCMKTS:CAWW traded down $0.03 during mid-day trading on Friday, hitting $0.80. 5,855 shares of the company’s stock traded hands, compared to its average volume of 6,602. The company has a fifty day moving average of $0.67 and a 200 day moving average of $0.75. CCA Industries has a twelve month low of $0.52 and a twelve month high of $1.09. The company has a market capitalization of $5.28 million, a P/E ratio of -26.67 and a beta of 0.81.

CCA Industries (OTCMKTS:CAWW) last issued its quarterly earnings results on Friday, February 28th. The company reported ($0.71) earnings per share for the quarter. The business had revenue of $1.64 million for the quarter. CCA Industries had a negative return on equity of 2.96% and a negative net margin of 3.25%.

About CCA Industries

CCA Industries, Inc manufactures and distributes health and beauty aid products in the United States and internationally. It offers oral health-care products under the Plus+White brand; skin-care products under the Sudden Change and Porcelana brand names; nail treatments under the brand name of Nutra Nail; medicated topical and shave gels under the Bikini Zone brand; depilatories under the Hair Off brand and; perfumes under the brand name of Sunset Cafe.