CCSC Technology International Holdings Limited (NASDAQ:CCTG) Sees Significant Decrease in Short Interest

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

Institutional Trading of CCSC Technology International

A hedge fund recently bought a new stake in CCSC Technology International stock. Two Sigma Investments LP bought a new position in shares of CCSC Technology International Holdings Limited (NASDAQ:CCTG) during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor bought 15,899 shares of the company’s stock, valued at approximately $25,000. Two Sigma Investments LP owned 0.14% of CCSC Technology International as of its most recent SEC filing.

CCSC Technology International Trading Down 6.2 %

CCTG stock opened at $1.63 on Monday. The business’s fifty day moving average price is $1.70 and its 200 day moving average price is $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.