Cheetah Mobile (CMCM) News Today

Cheetah Mobile (NYSE:CMCM) Shares Cross Below Fifty Day Moving Average of $4.86

Cheetah Mobile Inc. (NYSE:CMCM - Get Free Report) was the recipient of a large increase in short interest during the month of May. As of May 31st, there was short interest totalling 55,600 shares, an increase of 33.0% from the May 15th total of 41,800 shares. Currently, 0.6% of the company's stock are short sold. Based on an average daily volume of 87,400 shares, the days-to-cover ratio is presently 0.6 days.

Cheetah Mobile Inc. (NYSE:CMCM - Get Free Report) was the target of a significant increase in short interest in the month of April. As of April 15th, there was short interest totalling 64,200 shares, an increase of 140.4% from the March 31st total of 26,700 shares. Based on an average trading volume of 52,900 shares, the days-to-cover ratio is presently 1.2 days. Currently, 0.7% of the shares of the company are short sold.

StockNews.com began coverage on shares of Cheetah Mobile in a research report on Monday. They issued a "hold" rating on the stock.

Cheetah Mobile Inc. (NYSE:CMCM - Get Free Report) was the target of a significant drop in short interest in January. As of January 15th, there was short interest totalling 17,100 shares, a drop of 8.1% from the December 31st total of 18,600 shares. Approximately 0.2% of the company's shares are short sold. Based on an average trading volume of 11,500 shares, the short-interest ratio is presently 1.5 days.