Cheer Holding, Inc. (NASDAQ:CHR) Short Interest Update

Cheer Holding, Inc. (NASDAQ:CHR) saw a significant drop in short interest during the month of December. As of December 31st, there was short interest totalling 65,700 shares, a drop of 12.5% from the December 15th total of 75,100 shares. Based on an average daily volume of 91,600 shares, the days-to-cover ratio is currently 0.7 days. Currently, 0.9% of the shares of the company are short sold.

Cheer Trading Up 1.8 %

NASDAQ:CHR traded up $0.05 on Friday, hitting $2.50. The stock had a trading volume of 11,934 shares, compared to its average volume of 36,042. The business’s 50-day simple moving average is $2.62 and its two-hundred day simple moving average is $2.65. Cheer has a 52-week low of $2.18 and a 52-week high of $3.90.

Cheer Company Profile

Cheer Holding, Inc, through its subsidiaries, provides advertisement and content production services in the People’s Republic of China. It operates through Cheers APP Internet Business and Traditional Media Businesses segments. The company also engages in mobile and online advertising, and media and entertainment businesses.