CTW Cayman (NASDAQ:CTW) Short Interest Up 1,221.3% in September

Key Points

• CTW Cayman (NASDAQ:CTW) experienced an extraordinary increase in short interest of 1,221.3% in September, bringing the total to 62,100 shares as of September 30th.
• The company's stock price rose to $2.38 during mid-day trading, influenced by a trading volume of 50,672 shares, compared to an average volume of 246,583.
• Wall Street Zen has upgraded CTW Cayman to a "hold" rating, indicating a cautious outlook on the stock's performance.

CTW Cayman (NASDAQ:CTW - Get Free Report) was the recipient of a significant growth in short interest during the month of September. As of September 30th, there was short interest totaling 62,100 shares, a growth of 1,221.3% from the September 15th total of 4,700 shares. Based on an average trading volume of 299,800 shares, the days-to-cover ratio is presently 0.2 days. Currently, 2.6% of the company's shares are short sold. Currently, 2.6% of the company's shares are short sold. Based on an average trading volume of 299,800 shares, the days-to-cover ratio is presently 0.2 days.

CTW Cayman Price Performance

NASDAQ:CTW traded up $0.05 during mid-day trading on Thursday, hitting $2.38. The company had a trading volume of 50,672 shares, compared to its average volume of 246,583. The business has a fifty day simple moving average of $2.11. CTW Cayman has a 1 year low of $1.71 and a 1 year high of $4.88.

Wall Street Analyst Weigh In

Separately, Wall Street Zen upgraded CTW Cayman to a "hold" rating in a report on Saturday, August 9th.

About CTW Cayman

We are a leading globally accessible, web-based gaming platform, offering players an immersive digital space through our flagship HTML5 platform, G123.jp. Our platform showcases a diverse selection of free-to-play games inspired by popular Japanese animations, including Queen's Blade, So I'm a Spider, So What?, and Goblin Slayer.

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