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Why is $CTNT stock down today?

Cheetah Net Supply Chain Service Inc. Class A Common Stock

Why is $CTNT down today?

The likely driver

CHEETAH NET SUPPLY CHAIN SERVICE INC.: Net Supply Chain Service Inc. Enters into Agreement to Acquire JoyPak Supply LLC
SEC EDGAR·4:00 AM ET
  • into a Membership Interest Purchase Agreement (the “Agreement”) to acquire 100% of the membership interests of JoyPak Supply
  • aggregate purchase price for the Acquisition is $788,000, which will be paid in cash. The closing

The numbers behind the move

Short interest
4.6% of float
Days to cover
1.6d
Float
3.1M · Ultra-low
Float rotation
64.5x
Dilution
Heavy
Insider buying
1 open-market

CTNT: a ultra-low 3.1M-share float, active share dilution on file, 1 open-market insider buy.

Price
$0.06
Move today
-57.2%
Volume vs avg
0.1x
Scanner alerts today
30
Flagged in 30 days
133
Market cap
$478,332
Prev close
$0.14
Avg volume
3.0M

Today’s scanner timeline

  • 2:42 PMBig % mover alert
  • 2:42 PMUnusual volume (RVOL) alert
  • 1:13 PMBig % mover alert
  • 1:13 PMUnusual volume (RVOL) alert
  • 12:40 PMBig % mover alert
  • 12:12 PMUnusual volume (RVOL) alert
  • 12:11 PMBig % mover alert
  • 11:46 AMBig % mover alert
  • 11:46 AMUnusual volume (RVOL) alert
  • 10:35 AMUnusual volume (RVOL) alert
  • 10:00 AMUnusual volume (RVOL) alert
  • 9:57 AMBig % mover alert

Unusual-volume alerts often fire before the news is widely reported. This is when our scanner first flagged CTNT today.

Other stocks moving today

Each opens that stock’s own why-is-it-moving page.

Move and volume are based on the latest market data and refresh live on this page. Scanner alerts are our own real-time unusual-volume signals. This is research, not investment advice.