Short Interest in Cheer Holding, Inc. (NASDAQ:CHR) Decreases By 12.5%

Cheer Holding, Inc. (NASDAQ:CHR) saw a large decline in short interest during the month of December. As of December 31st, there was short interest totalling 65,700 shares, a decline of 12.5% from the December 15th total of 75,100 shares. Currently, 0.9% of the shares of the company are sold short. Based on an average daily trading volume, of 91,600 shares, the days-to-cover ratio is currently 0.7 days.

Cheer Price Performance

CHR traded up $0.05 during trading on Friday, hitting $2.50. 11,934 shares of the company traded hands, compared to its average volume of 36,042. Cheer has a one year low of $2.18 and a one year high of $3.90. The stock’s fifty day moving average is $2.62 and its 200 day moving average is $2.65.

About Cheer

Cheer Holding, Inc, through its subsidiaries, provides advertisement and content production services in the People’s Republic of China. It operates through Cheers APP Internet Business and Traditional Media Businesses segments. The company also engages in mobile and online advertising, and media and entertainment businesses.