Cheetah Mobile Inc. (NYSE:CMCM - Get Free Report) saw a significant decline in short interest in February. As of February 28th, there was short interest totalling 10,300 shares, a decline of 44.3% from the February 13th total of 18,500 shares. Currently, 0.1% of the company's stock are sold short. Based on an average daily volume of 50,900 shares, the days-to-cover ratio is currently 0.2 days.
Cheetah Mobile Trading Up 0.8 %
Cheetah Mobile stock traded up $0.04 during mid-day trading on Tuesday, hitting $5.00. The company had a trading volume of 19,801 shares, compared to its average volume of 44,303. The stock's 50 day moving average price is $4.98 and its two-hundred day moving average price is $4.69. Cheetah Mobile has a 12 month low of $2.25 and a 12 month high of $6.78.
Cheetah Mobile (NYSE:CMCM - Get Free Report) last announced its quarterly earnings results on Tuesday, December 17th. The software maker reported ($0.20) earnings per share (EPS) for the quarter.
Analyst Ratings Changes
Separately, StockNews.com raised Cheetah Mobile from a "hold" rating to a "buy" rating in a report on Friday.
View Our Latest Stock Analysis on Cheetah Mobile
About Cheetah Mobile
(
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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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