Cheetah Mobile Inc. (NYSE:CMCM) Short Interest Update

Cheetah Mobile Inc. (NYSE:CMCM) saw a large decline in short interest in January. As of January 15th, there was short interest totalling 4,100 shares, a decline of 87.4% from the December 31st total of 32,600 shares. Based on an average daily volume of 48,400 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the shares of the stock are sold short.

Cheetah Mobile Price Performance

CMCM traded down $0.23 during trading on Wednesday, reaching $4.19. 15,469 shares of the company’s stock were exchanged, compared to its average volume of 29,842. Cheetah Mobile has a fifty-two week low of $1.99 and a fifty-two week high of $6.78. The company’s fifty day moving average price is $4.96 and its 200-day moving average price is $4.31.

Cheetah Mobile (NYSE:CMCM) last issued its quarterly earnings data on Tuesday, December 17th. The software maker reported ($0.20) EPS for the quarter.

Analyst Ratings Changes

Separately, StockNews.com upgraded Cheetah Mobile from a “hold” rating to a “buy” rating in a research note on Thursday, December 19th.

About Cheetah Mobile

Cheetah Mobile Inc along with its subsidiaries, engages in provision of internet services, artificial intelligence, and other services in the People's Republic of China, Hong Kong, Japan, and internationally. The company's internet products include Duba Anti-virus, an internet security application to protect users against known and unknown security threats and malicious applications; and Clean Master, a junk file cleaning, memory boosting, and privacy protection tool for mobile devices.