CTW Cayman (NASDAQ:CTW) Short Interest Update

Key Points

• Short interest fell 31.5% in March to 34,882 shares (about 0.1% of shares outstanding), leaving a days-to-cover ratio of 0.8 based on average daily volume.
• Analyst sentiment is negative: Weiss Ratings reiterated a "Sell" and MarketBeat shows an average rating of "Sell" (one analyst).
• Pinnacle Associates bought 15,000 shares (~$26,000) in Q4, while CTW opened at $2.38 with a 52-week range of $1.10–$4.88 and conservative leverage (current and quick ratios 2.15, debt/equity 0.15).

CTW Cayman (NASDAQ:CTW - Get Free Report) was the target of a large drop in short interest in the month of March. As of March 31st, there was short interest totaling 34,882 shares, a drop of 31.5% from the March 15th total of 50,946 shares. Based on an average daily volume of 44,291 shares, the days-to-cover ratio is currently 0.8 days. Currently, 0.1% of the company's shares are sold short.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a "sell (e-)" rating on shares of CTW Cayman in a research report on Monday, December 29th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, CTW Cayman currently has an average rating of "Sell".

Institutional Investors Weigh In On CTW Cayman

A hedge fund recently bought a new stake in CTW Cayman stock. Pinnacle Associates Ltd. acquired a new position in shares of CTW Cayman (NASDAQ:CTW - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 15,000 shares of the company's stock, valued at approximately $26,000.

CTW Cayman Trading Up 1.9%

NASDAQ:CTW opened at $2.38 on Tuesday. The company has a current ratio of 2.15, a quick ratio of 2.15 and a debt-to-equity ratio of 0.15. CTW Cayman has a 1-year low of $1.10 and a 1-year high of $4.88. The stock has a fifty day simple moving average of $1.85 and a 200 day simple moving average of $1.99.

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. The HTML5-based G123.jp platform removes common barriers to gameplay, such as downloads, installations, and mandatory registrations, ensuring that seamless, instant access is available to players worldwide across different types of devices, including mobile devices beyond just PCs.

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