Short Interest in Creative Technology Ltd. (OTCMKTS:CREAF) Declines By 99.9%

Creative Technology Ltd. (OTCMKTS:CREAF) was the target of a large drop in short interest during the month of May. As of May 29th, there was short interest totaling 2 shares, a drop of 99.9% from the May 14th total of 2,025 shares. Based on an average daily trading volume, of 25 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are sold short.

Creative Technology Price Performance

CREAF remained flat at $0.59 during midday trading on Thursday. The company’s stock had a trading volume of 650 shares, compared to its average volume of 387. Creative Technology has a 12-month low of $0.37 and a 12-month high of $0.83. The firm has a fifty day simple moving average of $0.66 and a two-hundred day simple moving average of $0.56.

Creative Technology Company Profile

Creative Technology Ltd, together with its subsidiaries, designs, manufactures, and distributes digital entertainment products worldwide. The company offers digitized sound and video boards, computers, and related multimedia and personal digital entertainment products. It also provides headphones, gaming headsets, speakers, sound cards, sound blasters, work solutions, webcams, adapters and accessories, audio products, and others. In addition, the company offers multimedia solutions for personal computers products.