ChinaCache International Holdin (NASDAQ:CCIH).
ChinaCache International Holdin (NASDAQ:CCIH) saw a new one year low price of $5.01 in trading on Tuesday. The stock traded up 0.297% when all was said and done. 39,914 shares traded and the stock hit a high of $5.19 during trading.
The stock finished up at $5.07 which is just a bit below the 50 day moving average of $5.49 and just a bit lower than the 200 day moving average of $7.13. The 50 day moving average moved down $-0.43 and the 200 day average went down $-2.06 or -28.937%.
Traders are a little more bullish on shares of ChinaCache International Holdin recently if you evaluate the change in short interest. The firm saw a fall in short interest between August 31, 2016 and September 15, 2016 of -0.45%. Short shares decreased from 289,903 to 160,621 over that period. With short interest at 160,621 and short average daily volume at 42,804, the short-interest ratio is 3.8 and the percentage of shorted shares was 0.01% on September 15.
Several investment firms have released opinions. Rosenblatt released its first research report on the stock with a rating of “Buy”.