CCH Holdings Ltd (NASDAQ:CCHH – Get Free Report) was the target of a significant growth in short interest in the month of October. As of October 30th, there was short interest totaling 25,093 shares, a growth of 479.4% from the October 15th total of 4,331 shares. Based on an average trading volume of 25,376 shares, the days-to-cover ratio is currently 1.0 days. Currently, 0.6% of the company’s stock are sold short.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of CCH in a research note on Monday, September 28th. One research analyst has rated the stock with a Sell rating. According to MarketBeat.com, CCH currently has an average rating of “Sell”.
Check Out Our Latest Stock Analysis on CCH
CCH Stock Performance
NASDAQ:CCHH traded down $0.00 during mid-day trading on Friday, hitting $0.80. 5,382 shares of the company’s stock traded hands, compared to its average volume of 469,835. CCH has a 1 year low of $0.72 and a 1 year high of $153.90. The firm’s 50 day simple moving average is $0.99 and its 200 day simple moving average is $3.56.
CCH Company Profile
We are one of the leading specialty hotpot restaurant chains in Malaysia, specializing in chicken hotpot and fish head hotpot. With roots in George Town, Penang, Malaysia since 2015, we have become a top player in the specialty hotpot market in Malaysia. Our principal executive offices are located in Pulau Pinang, Malaysia.
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