Short Interest in CCSC Technology International Holdings Limited (NASDAQ:CCTG) Expands By 477.8%

CCSC Technology International Holdings Limited (NASDAQ:CCTG) was the target of a large increase in short interest during the month of December. As of December 31st, there was short interest totalling 377,900 shares, an increase of 477.8% from the December 15th total of 65,400 shares. Based on an average daily trading volume, of 714,800 shares, the short-interest ratio is presently 0.5 days. Approximately 16.4% of the shares of the company are short sold.

CCSC Technology International Trading Up 3.8 %

Shares of NASDAQ CCTG traded up $0.06 during mid-day trading on Tuesday, hitting $1.76. The company had a trading volume of 11,879 shares, compared to its average volume of 74,799. The firm’s 50 day simple moving average is $1.70 and its two-hundred day simple moving average is $1.75. CCSC Technology International has a 12 month low of $1.20 and a 12 month high of $30.00.

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.