Short Interest in CCH Holdings Ltd (NASDAQ:CCHH) Expands By 2,103.5%

CCH Holdings Ltd (NASDAQ:CCHH) was the recipient of a significant increase in short interest during the month of June. As of June 15th, there was short interest totaling 540,788 shares, an increase of 2,103.5% from the May 31st total of 24,542 shares. Based on an average daily volume of 15,664,014 shares, the short-interest ratio is presently 0.0 days. Approximately 2.8% of the shares of the stock are short sold.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “sell (e-)” rating on shares of CCH in a research report on Friday, March 27th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the company has an average rating of “Sell”.

CCH Price Performance

NASDAQ CCHH opened at $0.41 on Friday. The company has a 50-day simple moving average of $0.46 and a two-hundred day simple moving average of $0.96. The company has a debt-to-equity ratio of 0.22, a quick ratio of 2.04 and a current ratio of 2.11. CCH has a 12-month low of $0.30 and a 12-month high of $15.39.

CCH (NASDAQ:CCHH) last released its quarterly earnings data on Saturday, May 16th. The company reported ($0.07) EPS for the quarter. The firm 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.