Cancom SE (OTCMKTS:CCCMF) Sees Large Drop in Short Interest

Cancom SE (OTCMKTS:CCCMF) was the recipient of a large decline in short interest during the month of March. As of March 15th, there was short interest totalling 700 shares, a decline of 46.2% from the February 28th total of 1,300 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Cancom Stock Performance

Shares of OTCMKTS:CCCMF opened at $26.11 on Friday. Cancom has a 52 week low of $26.11 and a 52 week high of $26.11. The firm’s fifty day moving average is $26.11 and its 200-day moving average is $28.17.

About Cancom

CANCOM SE, together with its subsidiaries, provides 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 offers remote and shared managed services, as well as product and services related to hardware, software, and services.