Click Holdings Limited (NASDAQ:CLIK) Sees Significant Increase in Short Interest

Click Holdings Limited (NASDAQ:CLIK) saw a large increase in short interest during the month of October. As of October 30th, there was short interest totaling 56,571 shares, an increase of 257.4% from the October 15th total of 15,830 shares. Currently, 4.9% of the shares of the company are short sold. Based on an average daily trading volume, of 1,668,984 shares, the days-to-cover ratio is currently 0.0 days.

Click Price Performance

Shares of NASDAQ CLIK traded down $0.06 on Friday, hitting $0.73. The company had a trading volume of 42,379 shares, compared to its average volume of 1,075,312. Click has a 12-month low of $0.60 and a 12-month high of $8.65. The business has a 50 day moving average of $1.04 and a two-hundred day moving average of $1.94.

Click (NASDAQ:CLIK) last announced its earnings results on Thursday, October 22nd. The company reported $0.02 earnings per share (EPS) for the quarter. The business had revenue of $4.83 million during the quarter.

Hedge Funds Weigh In On Click

An institutional investor recently bought a new stake in Click stock. Renaissance Technologies LLC bought a new stake in shares of Click Holdings Limited (NASDAQ:CLIK) in the first quarter, according to its most recent Form 13F filing with the SEC. The fund bought 14,200 shares of the company’s stock, valued at approximately $25,000. Renaissance Technologies LLC owned 1.23% of Click as of its most recent SEC filing.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of Click in a research report on Monday, September 21st. One research analyst has rated the stock with a Sell rating. Based on data from MarketBeat, the stock has an average rating of “Sell”.

Click Company Profile

Click Holdings Limited is a digital marketing company that provides online advertising and marketing services to businesses. The company develops digital campaigns designed to help clients build brand awareness, engage customers and generate business through online channels. Its services include social media marketing, search engine marketing, content development, creative services and other digital marketing solutions. Click works with businesses seeking to reach consumers through digital platforms and may provide campaign planning, execution and performance management.