Cancom SE (OTCMKTS:CCCMF) Short Interest Up 137.9% in October

Cancom SE (OTCMKTS:CCCMF) was the target of a large growth in short interest in the month of October. As of October 31st, there was short interest totalling 13,800 shares, a growth of 137.9% from the October 15th total of 5,800 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is currently 138.0 days.

Cancom Stock Performance

Shares of CCCMF stock remained flat at $26.11 during trading hours on Thursday. The business has a 50 day simple moving average of $32.73 and a 200-day simple moving average of $32.52. Cancom has a 52-week low of $26.11 and a 52-week high of $26.11.

Cancom Company Profile

CANCOM SE, together with its subsidiaries, provides information technology (IT) infrastructure and services in Germany and internationally. The company operates in two segments, Cloud Solutions and IT Solutions. The Cloud Solutions segment offers remote and shared managed services, as well as product and services related to hardware, software, and services.