Is Buying CANCOM AG ORD GERMANY (OTCMKTS:CCCMF), Having Lower Short Interest a Winning Strategy?

January 14, 2018 - By Darrin Black

The stock of CANCOM AG ORD GERMANY (OTCMKTS:CCCMF) registered a decrease of 8.7% in short interest. CCCMF’s total short interest was 8,400 shares in January as published by FINRA. Its down 8.7% from 9,200 shares, reported previously. With 200 shares average volume, it will take short sellers 42 days to cover their CCCMF’s short positions.

It closed at $80.9 lastly. It is down 0.00% since January 14, 2017 and is . It has underperformed by 16.70% the S&P500.

CANCOM SE provides information technology infrastructure and services primarily in Germany, Austria, and the United States. The company has market cap of $1.55 billion. The firm operates through two divisions, Cloud Solutions and IT Solutions. It has a 31.45 P/E ratio. The Cloud Solutions segment provides cloud and shared managed services, including project-related cloud hardware, software, and services.

More important recent Cancom SE (OTCMKTS:CCCMF) news were published by: Marketwatch.com which released: “Cancom SE” on July 21, 2015, also Benzinga.com published article titled: “CANCOM Group Expands in United States”, Prnewswire.com published: “Systemax Announces Sale Of German Operations To CANCOM SE” on July 25, 2016. More interesting news about Cancom SE (OTCMKTS:CCCMF) was released by: Marketwired.com and their article: “ALSO expands to enterprise cloud services in partnership with CANCOM” with publication date: July 20, 2016.

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