Click Holdings Limited (NASDAQ:CLIK) Stock Short Interest Drops 73.4%

Click Holdings Limited (NASDAQ:CLIK) saw a large decrease in short interest in the month of September. As of September 30th, there was short interest totaling 11,566 shares, a decrease of 73.4% from the September 15th total of 43,415 shares. Based on an average trading volume of 57,059 shares, the short-interest ratio is currently 0.2 days. Currently, 1.0% of the shares of the stock are short sold.

Institutional Trading of Click

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

Click Trading Up 1.9%

Shares of CLIK stock traded up $0.02 during trading hours on Monday, reaching $1.09. The company’s stock had a trading volume of 80,176 shares, compared to its average volume of 1,106,887. Click has a fifty-two week low of $0.96 and a fifty-two week high of $11.80. The firm’s 50 day simple moving average is $1.28 and its 200-day simple moving average is $1.66.

Analysts Set New Price Targets

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

About Click

Click Holdings Limited (NASDAQ: CLIK) is a digital marketing and advertising services company. The company helps businesses develop and execute online marketing campaigns designed to improve brand visibility, customer engagement and digital reach.

Its services generally include digital advertising, social media marketing, content development, search marketing and other online promotional activities. Click works with clients to create integrated campaigns across digital channels and may provide strategy, creative development and campaign management.

The company is based in Singapore and focuses primarily on markets in Southeast Asia.