Short Interest in Euro Tech Holdings Company Limited (NASDAQ:CLWT) Declines By 58.4%

Euro Tech Holdings Company Limited (NASDAQ:CLWT) was the recipient of a significant decline in short interest in June. As of June 30th, there was short interest totalling 3,200 shares, a decline of 58.4% from the June 15th total of 7,700 shares. Based on an average daily volume of 18,500 shares, the short-interest ratio is currently 0.2 days. Approximately 0.1% of the company’s stock are short sold.

Analysts Set New Price Targets

Separately, StockNews.com initiated coverage on shares of Euro Tech in a research note on Friday, July 5th. They issued a “sell” rating on the stock.

Euro Tech Price Performance

Shares of CLWT remained flat at $1.51 during midday trading on Friday. The stock had a trading volume of 2,979 shares, compared to its average volume of 15,307. The business has a 50-day simple moving average of $1.72 and a 200 day simple moving average of $1.58. Euro Tech has a 52 week low of $1.22 and a 52 week high of $1.94.

Euro Tech Cuts Dividend

The firm also recently declared a — dividend, which was paid on Thursday, June 27th. Stockholders of record on Thursday, June 13th were paid a dividend of $0.08 per share. The ex-dividend date was Thursday, June 13th.

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.