Cheetah Mobile Inc. (NYSE:CMCM - Get Free Report) was the target of a significant decline in short interest in January. As of January 15th, there was short interest totalling 4,100 shares, a decline of 87.4% from the December 31st total of 32,600 shares. Approximately 0.0% of the company's shares are sold short. Based on an average trading volume of 48,400 shares, the short-interest ratio is presently 0.1 days.
Wall Street Analyst Weigh In
Separately, StockNews.com raised Cheetah Mobile from a "hold" rating to a "buy" rating in a research report on Thursday, December 19th.
Check Out Our Latest Analysis on CMCM
Cheetah Mobile Price Performance
Shares of CMCM stock traded down $0.04 during trading hours on Friday, hitting $4.46. 8,009 shares of the company's stock traded hands, compared to its average volume of 26,914. The stock's fifty day simple moving average is $4.94 and its two-hundred day simple moving average is $4.32. Cheetah Mobile has a 12-month low of $1.99 and a 12-month high of $6.78.
Cheetah Mobile (NYSE:CMCM - Get Free Report) last announced its quarterly earnings data on Tuesday, December 17th. The software maker reported ($0.20) EPS for the quarter.
About Cheetah Mobile
(
Get Free Report)
Cheetah Mobile Inc along with its subsidiaries, engages in provision of internet services, artificial intelligence, and other services in the People's Republic of China, Hong Kong, Japan, and internationally. The company's internet products include Duba Anti-virus, an internet security application to protect users against known and unknown security threats and malicious applications; and Clean Master, a junk file cleaning, memory boosting, and privacy protection tool for mobile devices.
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