Short Interest in Creative Technology Ltd. (OTCMKTS:CREAF) Rises By 7,400.0%

Creative Technology Ltd. (OTCMKTS:CREAF) was the target of a large increase in short interest in May. As of May 15th, there was short interest totaling 2,025 shares, an increase of 7,400.0% from the April 30th total of 27 shares. Based on an average trading volume of 1,819 shares, the days-to-cover ratio is currently 1.1 days.

Creative Technology Price Performance

CREAF stock opened at $0.83 on Friday. The company’s 50-day simple moving average is $0.63 and its 200-day simple moving average is $0.54. Creative Technology has a 52-week low of $0.37 and a 52-week high of $0.83.

About Creative Technology

Creative Technology Ltd, together with its subsidiaries, designs, manufactures, and distributes digital entertainment products worldwide. The company offers digitized sound and video boards, computers, and related multimedia and personal digital entertainment products. It also provides headphones, gaming headsets, speakers, sound cards, sound blasters, work solutions, webcams, adapters and accessories, audio products, and others. In addition, the company offers multimedia solutions for personal computers products.