Creative Global Technology Holdings Limited (NASDAQ:CGTL – Get Free Report) was the target of a significant decline in short interest during the month of July. As of July 15th, there was short interest totaling 23,324 shares, a decline of 95.4% from the June 30th total of 502,452 shares. Approximately 2.0% of the company’s shares are sold short. Based on an average daily volume of 152,054 shares, the short-interest ratio is currently 0.2 days.
Creative Global Technology Stock Up 0.6%
Shares of Creative Global Technology stock traded up $0.03 on Friday, hitting $4.81. The stock had a trading volume of 11,578 shares, compared to its average volume of 95,161. Creative Global Technology has a one year low of $2.27 and a one year high of $96.00. The stock’s 50-day simple moving average is $5.57 and its two-hundred day simple moving average is $21.75.
Hedge Funds Weigh In On Creative Global Technology
An institutional investor recently bought a new position in Creative Global Technology stock. Renaissance Technologies LLC bought a new position in shares of Creative Global Technology Holdings Limited (NASDAQ:CGTL – Free Report) in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 111,359 shares of the company’s stock, valued at approximately $118,000. Renaissance Technologies LLC owned 0.65% of Creative Global Technology at the end of the most recent quarter.
Analyst Upgrades and Downgrades
About Creative Global Technology
Creative Global Technology Holdings Inc (NASDAQ: CGTL) is a China-based provider of advanced electronics manufacturing services specializing in the design and production of semiconductor packaging substrates, printed circuit boards (PCBs) and related back-end assembly solutions. The company’s core capabilities encompass high-density interconnect substrates, leadframe and leadless chip carriers, and system-in-package modules, enabling customers to address the miniaturization and performance demands of modern electronic devices.
CGTL serves a broad spectrum of end markets, including smartphones, tablets, computing devices, automotive electronics, and industrial applications.
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