Wellchange Holdings Company Limited (NASDAQ:WCT – Get Free Report) saw a large decline in short interest in the month of October. As of October 15th, there was short interest totaling 76,138 shares, a decline of 73.4% from the September 30th total of 285,698 shares. Currently, 13.1% of the company’s shares are short sold. Based on an average daily volume of 1,331,131 shares, the days-to-cover ratio is presently 0.1 days.
Analyst Ratings Changes
Several equities research analysts recently commented on WCT shares. Wall Street Zen raised Wellchange from a “sell” rating to a “hold” rating in a research note on Monday, October 19th. Weiss Ratings restated a “sell (e+)” rating on shares of Wellchange in a report on Tuesday, August 18th. One research analyst has rated the stock with a Sell rating. According to MarketBeat.com, the company has an average rating of “Sell”.
Read Our Latest Research Report on Wellchange
Wellchange Stock Performance
Shares of WCT stock opened at $0.31 on Friday. The firm has a fifty day simple moving average of $4.15 and a two-hundred day simple moving average of $12.75. Wellchange has a 12 month low of $0.30 and a 12 month high of $69.50.
About Wellchange
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