Cancom SE (OTCMKTS:CCCMF) Short Interest Up 6,100.0% in May

Cancom SE (OTCMKTS:CCCMF – Get Rating) was the recipient of a large increase in short interest in May. As of May 15th, there was short interest totalling 6,200 shares, an increase of 6,100.0% from the April 30th total of 100 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days.

Cancom Price Performance

Shares of CCCMF opened at $29.45 on Friday. The business’s 50 day moving average price is $29.45 and its 200-day moving average price is $29.29. Cancom has a 52 week low of $28.10 and a 52 week high of $29.45.

Analyst Upgrades and Downgrades

Separately, Deutsche Bank Aktiengesellschaft downgraded shares of Cancom from a “buy” rating to a “hold” rating in a research report on Monday, April 3rd.

Cancom Company Profile

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CANCOM SE, together with its subsidiaries, offers information technology (IT) infrastructure and services in Germany and internationally. The company operates in two segments, Cloud Solutions and IT Solutions. The Cloud Solutions segment provides cloud and shared managed services, including project-related cloud hardware, software, and services.