Euro Tech Holdings Company Limited (NASDAQ:CLWT) Sees Large Growth in Short Interest

Euro Tech Holdings Company Limited (NASDAQ:CLWT) was the target of a large increase in short interest in March. As of March 31st, there was short interest totalling 3,900 shares, an increase of 8.3% from the March 15th total of 3,600 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 11,800 shares, the days-to-cover ratio is presently 0.3 days.

Analyst Upgrades and Downgrades

Separately, StockNews.com started coverage on Euro Tech in a research note on Tuesday. They issued a “sell” rating for the company.

Institutional Investors Weigh In On Euro Tech

A hedge fund recently bought a new stake in Euro Tech stock. Citadel Advisors LLC bought a new position in shares of Euro Tech Holdings Company Limited (NASDAQ:CLWT) in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 21,965 shares of the company’s stock, valued at approximately $27,000. Citadel Advisors LLC owned 0.28% of Euro Tech as of its most recent SEC filing. 2.86% of the stock is owned by hedge funds and other institutional investors.

Euro Tech Stock Up 0.6 %

Shares of Euro Tech stock opened at $1.58 on Wednesday. The stock has a 50 day moving average price of $1.49 and a two-hundred day moving average price of $1.50. Euro Tech has a 12-month low of $1.01 and a 12-month high of $1.82.

Euro Tech Company Profile

Euro Tech Holdings Company Limited primarily distributes water treatment equipment, laboratory instruments, analyzers, test kits and related supplies, and power generation equipment to commercial customers, and governmental agencies in Hong Kong and the People's Republic of China. The company operates in two segments, Trading and Manufacturing, and Engineering.