Cheetah Mobile Inc. (NYSE:CMCM) Short Interest Down 13.5% in March
decrease of 20.4% from the March 15th total of 35,500 shares. Based on an average daily volume of 1,290,000 shares, the days-to-cover ratio is presently 0.0. Cheetah Mobile Inc. had a decrease in short interest in March.
( ) saw a notable decrease in short-term interest during the month of march. On March 31, there were 28,200 short shares, which is a 13.5% decrease from the total of 32 600 shares on March 15. Around 0.3% of a company's stock is sold short. The days-to-cover is currently 0.8 based on a daily average volume of 36 200 shares.
Cheetah Mobile Trading down 6.2 %
Trading at midday on Wednesday saw a $0.15 decline, bringing the price to $2.27. The company traded 32,677 of its shares, as opposed to the average of 40,592. The company has a 50-day moving average of 2.52 dollars and a 200 day moving average at $2.25. In a research report published on Friday, 14th April, Cheetah Mobile shares were covered. The company was given a rating of 'hold'.
Inflows of Institutional Capital and Outflows
Recently, a hedge fund bought a new share of Cheetah Mobile. According to its latest Form 13F filed with the Securities and Exchange Commission, (SEC), the company acquired 17,111 shares of the software maker's stock valued at approximately $34,000. The company purchased 17,111 shares worth $34,000 of the stock of the software manufacturer. Jane Street Group LLC held 0.06% Cheetah Mobile at the time of its latest filing with Securities and Exchange Commission. Institutional investors hold 1.36% in the company.
Cheetah Mobile
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Cheetah mobile, Inc is a provider of Internet and Mobile Security Software. The company is divided into three segments: Utility Product & Related Service, Mobile Entertainment Business, and Artificial Intelligence & Others. Mobile Entertainment Business segment includes Live.me, mobile games and other segments.
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