The stock of Cheetah Mobile Inc American Depositary Shares EA (NYSE:CMCM) registered a decrease of 4.35% in short interest. CMCM’s total short interest was 3.36 million shares in February as published by FINRA. Its down 4.35% from 3.51 million shares, reported previously. With 582,600 shares average volume, it will take short sellers 6 days to cover their CMCM’s short positions. The short interest to Cheetah Mobile Inc American Depositary Shares EA’s float is 10.53%.
The stock decreased 1.62% or $0.11 during the last trading session, reaching $6.66. About 187,151 shares traded. Cheetah Mobile Inc. (NYSE:CMCM) has declined 40.07% since February 1, 2018 and is downtrending. It has underperformed by 40.07% the S&P500.
Cheetah Mobile Inc. operates a platform that offers mobile and personal computer applications for its users and global content promotional channels. The company has market cap of $933.77 million. The companyÂ’s suite of utility applications optimizes mobile and PC Internet system performance and provides real time protection against known and unknown security threats. It has a 4.34 P/E ratio. The Company’s mobile and PC applications for users include Clean Master, a junk file cleaning, memory boosting, and privacy protection tool for mobile devices; CM Security, an anti-virus and security application for mobile devices; Battery Doctor, a power optimization tool for mobile devices; Cheetah Browser, a safe Web browser for PCs and mobile devices; CM Browser, a mobile browser; CM Launcher, a secure launcher that offers acceleration, secure protection, and stylish wallpapers, as well as automatically organizes mobile applications based on personal behavior; Photo Grid, a photo collage application that allows users to create professional looking collages of photos through an intuitive interface for mobile devices; CM Locker, a lightweight lock screen; and Duba Anti-virus, an Internet security application for PC and mobile devices.
More notable recent Cheetah Mobile Inc. (NYSE:CMCM) news were published by: Globenewswire.com which released: “Kuznicki Law PLLC Announces Class Actions on Behalf of Shareholders of MAR, CMCM, YRCW and DBVT – GlobeNewswire” on January 29, 2019, also Globenewswire.com with their article: “UPCOMING DEADLINE ALERT: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Cheetah Mobile Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm – GlobeNewswire” published on January 02, 2019, Globenewswire.com published: “INVESTOR ACTION ALERT: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Cheetah Mobile Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm – GlobeNewswire” on December 05, 2018. More interesting news about Cheetah Mobile Inc. (NYSE:CMCM) were released by: Fool.com and their article: “Why Cheetah Mobile, Nike, and Canopy Growth Jumped Today – Motley Fool” published on August 20, 2018 as well as Seekingalpha.com‘s news article titled: “CRM, ACAD, ALS among premarket gainers – Seeking Alpha” with publication date: November 28, 2018.
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