Charles & Colvard, Ltd. (NASDAQ:CTHR) Sees Large Drop in Short Interest

Posted by Doug Wharley on Mar 30th, 2025

Charles & Colvard, Ltd. (NASDAQ:CTHR – Get Free Report) was the recipient of a significant drop in short interest during the month of March. As of March 15th, there was short interest totalling 32,700 shares, a drop of 37.0% from the February 28th total of 51,900 shares. Based on an average trading volume of 17,900 shares, the days-to-cover ratio is presently 1.8 days. Approximately 1.6% of the shares of the company are short sold.

Analyst Upgrades and Downgrades

Separately, StockNews.com began coverage on shares of Charles & Colvard, Ltd. in a research note on Wednesday. They set a “hold” rating on the stock.

Get Our Latest Stock Report on CTHR

Charles & Colvard, Ltd. Stock Up 1.0 %

Shares of CTHR stock traded up $0.01 during trading on Friday, reaching $1.00. 2,233 shares of the company’s stock were exchanged, compared to its average volume of 42,123. The firm’s fifty day moving average price is $1.29 and its 200-day moving average price is $1.41. Charles & Colvard, Ltd. has a twelve month low of $0.93 and a twelve month high of $3.90. The stock has a market capitalization of $3.12 million, a PE ratio of -0.17 and a beta of 1.27.

Charles & Colvard, Ltd. Company Profile

(Get Free Report)

Charles & Colvard Ltd. engages in the manufacture and distribution of moissanite jewels and finished jewelry featuring moissanite for sale in the worldwide jewelry market. It operates through the following business segments: Online Channels and Traditional. The Online Channels segment refers to the e-commerce outlets, including charlesandcolvard.com, third-party online marketplaces, drop-ship, other pure-play, and e-commerce outlets.