Caravelle International Group (NASDAQ:CACO) Short Interest Update

Caravelle International Group (NASDAQ:CACO) was the recipient of a large decrease in short interest in the month of May. As of May 31st, there was short interest totalling 33,500 shares, a decrease of 45.8% from the May 15th total of 61,800 shares. Based on an average daily volume of 170,600 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.5% of the shares of the company are sold short.

Caravelle International Group Stock Up 5.5 %

NASDAQ:CACO traded up $0.05 during trading on Friday, reaching $0.90. The company’s stock had a trading volume of 4,072 shares, compared to its average volume of 75,280. Caravelle International Group has a 12 month low of $0.44 and a 12 month high of $1.21. The firm has a 50 day moving average of $0.96 and a 200-day moving average of $0.69.

Caravelle International Group Company Profile

Caravelle International Group, through its subsidiaries, provides ocean transportation services in Singapore and internationally. The company operates through two segments, Ocean Transportation and Heating Business. It provides international shipping services and carbon-neutral solutions for wood desiccation.