Cheetah Mobile Inc American Depositary Shares EA (NYSE:CMCM) Shorts Declined By 9.25%

April 16, 2018 - By Carol Mulligan

Cheetah Mobile Inc. (NYSE:CMCM) Corporate Logo

Cheetah Mobile Inc American Depositary Shares EA (NYSE:CMCM) noted a decrease of 9.25% in short interest. FINRA announced short interest of CMCM’s total 4.79 million shares. The down change of 9.25% from 5.28M shares was reported. Former CMCM’s position will need 5 days to restore. It has 898,500 average volume. Cheetah Mobile Inc American Depositary Shares EA float short is 16.44%.

CMCM reached $12.1295 on during the last trading session after $0.2105 change.Cheetah Mobile Inc. has volume of 247,993 shares. Since April 16, 2017 CMCM has risen 11.67% and is uptrending. CMCM outperformed the S&P500 by 0.12%.

Cheetah Mobile Inc. operates a platform that offers mobile and personal computer applications for its users and global content promotional channels.The firm is worth $1.68 billion. 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.8.14 is the 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.

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