Cheetah Net Supply Chain Service Inc. (NASDAQ:CTNT) Short Interest Down 60.3% in February

Cheetah Net Supply Chain Service Inc. (NASDAQ:CTNT) saw a significant drop in short interest in the month of February. As of February 15th, there was short interest totalling 12,200 shares, a drop of 60.3% from the January 31st total of 30,700 shares. Currently, 0.9% of the company’s stock are short sold. Based on an average daily volume of 1,920,000 shares, the days-to-cover ratio is presently 0.0 days.

Cheetah Net Supply Chain Service Trading Down 0.5 %

NASDAQ CTNT opened at $1.89 on Friday. The firm has a market cap of $5.05 million, a P/E ratio of -0.94 and a beta of 2.05. The company has a debt-to-equity ratio of 0.04, a current ratio of 14.85 and a quick ratio of 14.86. The stock’s 50-day moving average is $2.44 and its 200-day moving average is $3.00. Cheetah Net Supply Chain Service has a one year low of $1.70 and a one year high of $236.16.

Insider Transactions at Cheetah Net Supply Chain Service

In other news, insider Huan Liu sold 45,938 shares of the firm’s stock in a transaction dated Tuesday, December 3rd. The stock was sold at an average price of $6.52, for a total transaction of $299,515.76. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. 54.72% of the stock is currently owned by insiders.

About Cheetah Net Supply Chain Service

Cheetah Net Supply Chain Service Inc, together with its subsidiaries, supplies parallel-import vehicles in the United States, the People's Republic of China, and internationally. It purchases and resell branded automobiles under the Mercedes, Lexus, Range Rover, RAM and Toyota brands. The company was formerly known as Yuan Qiu Business Group LLC and changed its name to Cheetah Net Supply Chain Service Inc in March 2022.