Cancom SE (OTCMKTS:CCCMF – Get Free Report) saw a significant increase in short interest in September. As of September 15th, there was short interest totaling 32,500 shares, an increase of 70.2% from the August 31st total of 19,100 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is currently ∞ days. Based on an average trading volume of 0 shares, the days-to-cover ratio is currently ∞ days.
Cancom Stock Performance
Cancom stock opened at $28.20 on Monday. Cancom has a 12 month low of $26.11 and a 12 month high of $28.20. The business has a 50 day simple moving average of $28.07 and a 200-day simple moving average of $26.80.
Analysts Set New Price Targets
Separately, BNP Paribas upgraded Cancom from an “underperform” rating to a “neutral” rating in a research report on Wednesday, September 24th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat.com, the company currently has a consensus rating of “Hold”.
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.
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