Caravelle International Group (NASDAQ:HTCO) Short Interest Down 16.9% in January

Caravelle International Group (NASDAQ:HTCO) was the recipient of a significant decrease in short interest in the month of January. As of January 30th, there was short interest totaling 66,459 shares, a decrease of 16.9% from the January 15th total of 79,948 shares. Approximately 0.9% of the shares of the stock are short sold. Based on an average trading volume of 65,440 shares, the short-interest ratio is presently 1.0 days. Based on an average trading volume of 65,440 shares, the short-interest ratio is presently 1.0 days. Approximately 0.9% of the shares of the stock are short sold.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Caravelle International Group in a research report on Monday, December 29th. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock has an average rating of “Sell”.

Caravelle International Group Stock Up 3.6%

Shares of HTCO traded up $0.36 during mid-day trading on Wednesday, hitting $10.35. 1,164 shares of the stock were exchanged, compared to its average volume of 33,453. Caravelle International Group has a 52-week low of $4.55 and a 52-week high of $85.00. The firm has a 50-day moving average of $9.92 and a two-hundred day moving average of $9.33.

About Caravelle International Group

Caravelle International Group, through its subsidiaries, provides ocean transportation services in Singapore and internationally. The company operates through Ocean Transportation and Heating Business segments. It provides international shipping services and carbon-neutral solutions for wood desiccation. Caravelle International Group also provides seaborne transportation services under the voyage contracts. The company provides vessel services on behalf of ship owners. Caravelle International Group is headquartered in Singapore.