The stock of Cheetah Mobile Inc American Depositary Shares EA (NYSE:CMCM) registered a decrease of 10.68% in short interest. CMCM’s total short interest was 2.54M shares in May as published by FINRA. Its down 10.68% from 2.84 million shares, reported previously. With 240,600 shares average volume, it will take short sellers 11 days to cover their CMCM’s short positions. The short interest to Cheetah Mobile Inc American Depositary Shares EA’s float is 8.08%.
The stock decreased 0.51% or $0.03 during the last trading session, reaching $5.81. About 284,764 shares traded. Cheetah Mobile Inc. (NYSE:CMCM) has declined 48.11% since May 11, 2018 and is downtrending. It has underperformed by 52.48% 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 $793.22 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 3.79 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: Seekingalpha.com which released: “Cheetah Mobile, Inc. (CMCM) CEO Fu Sheng on Q4 2018 Results – Earnings Call Transcript – Seeking Alpha” on March 25, 2019, also Seekingalpha.com with their article: “Cheetah Mobile +9.4% after reporting quarterly revenue growth – Seeking Alpha” published on November 21, 2018, Businesswire.com published: “EQUITY ALERT: Rosen Law Firm Announces Investigation of Securities Claims Against Cheetah Mobile Inc. â€“ CMCM – Business Wire” on November 27, 2018. More interesting news about Cheetah Mobile Inc. (NYSE:CMCM) were released by: Seekingalpha.com and their article: “Cheetah Mobile Lost Samsung, But There Are Other More Relevant Risks – Seeking Alpha” published on April 24, 2018 as well as Prnewswire.com‘s news article titled: “Cheetah Mobile previews international edition of top-selling CM Translator at Microsoft Build 2019 – PRNewswire” with publication date: May 06, 2019.
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