Cool Holdings Inc (NASDAQ:AWSM) Short Interest Update
Cool Holdings Inc (NASDAQ:AWSM) was the recipient of a significant growth in short interest in the month of August. As of August 31st, there was short interest totalling 410,600 shares, a growth of 5.5% from the July 31st total of 389,100 shares. Currently, 6.7% of the shares of the company are sold short. Based on an average daily volume of 91,300 shares, the days-to-cover ratio is currently 4.5 days.
Separately, ValuEngine raised Cool from a “hold” rating to a “buy” rating in a research report on Thursday, August 1st.
A hedge fund recently bought a new stake in Cool stock. Geode Capital Management LLC purchased a new position in shares of Cool Holdings Inc (NASDAQ:AWSM) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 14,861 shares of the company’s stock, valued at approximately $28,000. Geode Capital Management LLC owned about 0.20% of Cool as of its most recent SEC filing. 1.67% of the stock is currently owned by institutional investors.
Cool Holdings, Inc manufactures and sells wireless handsets, tablets, and related products to the carriers, distributors, and retailers in Latin America. The company sells its products under the verykool brand. It operates OneClick store located in the El Solar Shopping district in Buenos Aires, Argentina.
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