Creative Technology Ltd. (OTCMKTS:CREAF) Sees Large Increase in Short Interest

Creative Technology Ltd. (OTCMKTS:CREAF) was the target of a significant increase in short interest in May. As of May 15th, there was short interest totaling 2,025 shares, an increase of 7,400.0% from the April 30th total of 27 shares. Based on an average daily volume of 1,819 shares, the short-interest ratio is currently 1.1 days.

Creative Technology Stock Performance

Shares of CREAF remained flat at $0.83 during midday trading on Wednesday. Creative Technology has a twelve month low of $0.37 and a twelve month high of $0.83. The company’s 50-day moving average price is $0.61 and its two-hundred day moving average price is $0.53.

Creative Technology Company Profile

Creative Technology Ltd, together with its subsidiaries, designs, manufactures, and distributes digital entertainment products worldwide. The company offers digitized sound and video boards, computers, and related multimedia and personal digital entertainment products. It also provides headphones, gaming headsets, speakers, sound cards, sound blasters, work solutions, webcams, adapters and accessories, audio products, and others. In addition, the company offers multimedia solutions for personal computers products.