CCSC Technology International Holdings Limited (NASDAQ:CCTG) Short Interest Down 24.3% in March

CCSC Technology International Holdings Limited (NASDAQ:CCTG) was the target of a large decrease in short interest in March. As of March 15th, there was short interest totalling 65,900 shares, a decrease of 24.3% from the February 28th total of 87,000 shares. Approximately 2.9% of the shares of the company are sold short. Based on an average daily trading volume, of 177,900 shares, the short-interest ratio is currently 0.4 days.

Institutional Investors Weigh In On CCSC Technology International

An institutional investor recently bought a new position in CCSC Technology International stock. Two Sigma Investments LP bought a new stake in CCSC Technology International Holdings Limited (NASDAQ:CCTG) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 15,899 shares of the company’s stock, valued at approximately $25,000. Two Sigma Investments LP owned approximately 0.14% of CCSC Technology International at the end of the most recent quarter.

CCSC Technology International Price Performance

CCTG opened at $1.60 on Tuesday. The business has a 50 day simple moving average of $1.70 and a 200-day simple moving average of $1.73. CCSC Technology International has a 12 month low of $1.20 and a 12 month high of $3.41.

CCSC Technology International Company Profile

CCSC Technology International Holdings Limited, through its subsidiaries, manufactures and sells interconnect products in Asia, Europe, and the Americas. It offers original equipment manufacturer and original design manufacture interconnect products, including connectors, cables, and wire harnesses used for a range of applications in various industries, such as industrial, automotive, robotics, medical equipment, computer, network and telecommunication, and consumer products.