Click Holdings Limited (NASDAQ:CLIK) Shares Shorted: Short Interest Up 257.4% in October

Click Holdings Limited (NASDAQ:CLIK) was the target of a large increase in short interest during the month of October. As of October 30th, there was short interest totaling 56,571 shares, an increase of 257.4% from the October 15th total of 15,830 shares. Based on an average daily volume of 1,668,984 shares, the days-to-cover ratio is presently 0.0 days. Approximately 4.9% of the shares of the stock are short sold.

Click Stock Performance

Shares of NASDAQ:CLIK traded up $0.07 during trading on Thursday, reaching $0.78. The stock had a trading volume of 62,881 shares, compared to its average volume of 1,079,999. Click has a 52 week low of $0.60 and a 52 week high of $8.65. The business’s 50-day moving average price is $1.05 and its 200 day moving average price is $1.96.

Click (NASDAQ:CLIK) last released its quarterly earnings results on Thursday, October 22nd. The company reported $0.02 EPS for the quarter. The business had revenue of $4.83 million for the quarter.

Hedge Funds Weigh In On Click

A hedge fund recently bought a new stake in Click stock. Renaissance Technologies LLC bought a new position in shares of Click Holdings Limited (NASDAQ:CLIK) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 14,200 shares of the company’s stock, valued at approximately $25,000. Renaissance Technologies LLC owned about 1.23% of Click as of its most recent filing with the Securities & Exchange Commission.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of Click in a research report on Monday, September 21st. One research analyst has rated the stock with a Sell rating. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Sell”.

About Click

Click Holdings Limited is a digital marketing company that provides online advertising and marketing services to businesses. The company develops digital campaigns designed to help clients build brand awareness, engage customers and generate business through online channels. Its services include social media marketing, search engine marketing, content development, creative services and other digital marketing solutions. Click works with businesses seeking to reach consumers through digital platforms and may provide campaign planning, execution and performance management.