CCH Holdings Ltd (NASDAQ:CCHH) Short Interest Update

CCH Holdings Ltd (NASDAQ:CCHH) was the target of a large decrease in short interest in the month of April. As of April 30th, there was short interest totaling 25,338 shares, a decrease of 54.7% from the April 15th total of 55,980 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average trading volume of 90,618 shares, the short-interest ratio is presently 0.3 days.

CCH Price Performance

NASDAQ:CCHH traded down $0.02 during trading hours on Friday, reaching $0.39. 30,697 shares of the company traded hands, compared to its average volume of 75,582. The firm’s 50-day moving average is $0.59 and its 200-day moving average is $2.31. CCH has a 1-year low of $0.36 and a 1-year high of $15.39.

CCH (NASDAQ:CCHH) last announced its earnings results on Friday, May 15th. The company reported ($0.07) EPS for the quarter. The business had revenue of $2.46 million during the quarter.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “sell (e-)” rating on shares of CCH in a report on Friday, March 27th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock currently has a consensus rating of “Sell”.

CCH Company Profile

We are one of the leading specialty hotpot restaurant chains in Malaysia, specializing in chicken hotpot and fish head hotpot. With roots in George Town, Penang, Malaysia since 2015, we have become a top player in the specialty hotpot market in Malaysia. Our principal executive offices are located in Pulau Pinang, Malaysia.