Caravelle International Group (NASDAQ:CACO) Short Interest Update

Caravelle International Group (NASDAQ:CACO) saw a significant decrease in short interest in June. As of June 15th, there was short interest totalling 31,100 shares, a decrease of 7.2% from the May 31st total of 33,500 shares. Approximately 0.5% of the company’s shares are short sold. Based on an average trading volume of 178,300 shares, the days-to-cover ratio is presently 0.2 days.

Caravelle International Group Trading Up 7.5 %

NASDAQ:CACO opened at $0.47 on Thursday. The business’s 50-day simple moving average is $0.92 and its 200-day simple moving average is $0.71. Caravelle International Group has a fifty-two week low of $0.40 and a fifty-two week high of $1.21.

Caravelle International Group Company Profile

Caravelle International Group, through its subsidiaries, provides ocean transportation services in Singapore and internationally. The company operates through two segments, Ocean Transportation and Heating Business. It provides international shipping services and carbon-neutral solutions for wood desiccation.