Short Interest in CCH Holdings Ltd (NASDAQ:CCHH) Expands By 130.8%

CCH Holdings Ltd (NASDAQ:CCHH) was the target of a significant increase in short interest in July. As of July 15th, there was short interest totaling 47,576 shares, an increase of 130.8% from the June 30th total of 20,612 shares. Currently, 2.2% of the company’s stock are short sold. Based on an average trading volume of 2,083,061 shares, the short-interest ratio is presently 0.0 days.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings raised shares of CCH from a “sell (e)” rating to a “sell (d-)” rating in a report on Wednesday, July 1st. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, CCH has an average rating of “Sell”.

CCH Stock Down 1.6%

NASDAQ:CCHH traded down $0.02 during mid-day trading on Thursday, reaching $1.33. 52,436 shares of the stock were exchanged, compared to its average volume of 664,249. CCH has a 1 year low of $1.23 and a 1 year high of $153.90. The company has a 50 day simple moving average of $3.55 and a 200-day simple moving average of $5.07. The company has a current ratio of 2.11, a quick ratio of 2.04 and a debt-to-equity ratio of 0.22.

CCH (NASDAQ:CCHH) last issued its quarterly earnings data on Saturday, May 16th. The company reported ($0.69) earnings per share for the quarter. The business had revenue of $2.46 million during the quarter.

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.