Caravelle International Group (NASDAQ:CACO) Short Interest Down 25.1% in August

Caravelle International Group (NASDAQ:CACO) was the target of a large decrease in short interest in August. As of August 31st, there was short interest totalling 61,900 shares, a decrease of 25.1% from the August 15th total of 82,600 shares. Currently, 0.6% of the shares of the stock are short sold. Based on an average trading volume of 134,700 shares, the short-interest ratio is currently 0.5 days.

Caravelle International Group Trading Up 7.8 %

NASDAQ CACO traded up $0.02 during trading hours on Tuesday, hitting $0.34. 2,988 shares of the company were exchanged, compared to its average volume of 115,825. The stock has a 50-day moving average price of $0.43 and a 200 day moving average price of $0.67. Caravelle International Group has a 52 week low of $0.21 and a 52 week high of $1.21.

Caravelle International Group Company Profile

Caravelle International Group, through its subsidiaries, provides ocean transportation services in Singapore and internationally. The company operates through two segments, Ocean Transportation and Heating Business. It provides international shipping services and carbon-neutral solutions for wood desiccation.