CCA Industries, Inc. (OTCMKTS:CAWW) Sees Significant Drop in Short Interest

CCA Industries, Inc. (OTCMKTS:CAWW) was the recipient of a significant decline in short interest in the month of August. As of August 14th, there was short interest totaling 946 shares, a decline of 40.6% from the July 30th total of 1,593 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 43 shares, the days-to-cover ratio is currently 22.0 days.

CCA Industries Stock Performance

Shares of OTCMKTS:CAWW opened at $0.45 on Tuesday. The company’s fifty day moving average is $0.46 and its two-hundred day moving average is $0.49. CCA Industries has a 1-year low of $0.20 and a 1-year high of $0.72. The stock has a market capitalization of $2.97 million, a price-to-earnings ratio of -44.96 and a beta of 0.64.

CCA Industries (OTCMKTS:CAWW) last posted its earnings results on Wednesday, July 15th. The company reported ($0.02) EPS for the quarter. The company had revenue of $1.23 million for the quarter. CCA Industries had a negative net margin of 1.11% and a negative return on equity of 39.05%.

About CCA Industries

CCA Industries, Inc (OTCMKTS: CAWW) is a U.S.-based company specializing in the design, sourcing and distribution of aftermarket performance parts and accessories for motorcycles, all-terrain vehicles (ATVs), utility terrain vehicles (UTVs) and other powersports equipment. The company focuses on proprietary-brand products and selectively licensed product lines, offering a range of performance upgrades, replacement components and styling accessories to enthusiasts and independent retailers throughout North America.

The company’s product portfolio spans engine components, exhaust systems, suspension parts, braking upgrades, electrical accessories and performance-enhancing electronics.