Euro Tech Holdings Company Limited (NASDAQ:CLWT) Sees Significant Increase in Short Interest

Euro Tech Holdings Company Limited (NASDAQ:CLWT) saw a significant growth in short interest in January. As of January 15th, there was short interest totalling 4,000 shares, a growth of 14.3% from the December 31st total of 3,500 shares. Based on an average trading volume of 7,400 shares, the short-interest ratio is currently 0.5 days. Approximately 0.1% of the company’s stock are short sold.

Euro Tech Stock Performance

Shares of NASDAQ:CLWT opened at $1.33 on Monday. The company has a fifty day simple moving average of $1.41 and a 200 day simple moving average of $1.49. Euro Tech has a 12-month low of $1.22 and a 12-month high of $1.94.

Analysts Set New Price Targets

Separately, StockNews.com began coverage on Euro Tech in a report on Wednesday, January 29th. They issued a “sell” rating for the company.

Institutional Investors Weigh In On Euro Tech

An institutional investor recently bought a new position in Euro Tech stock. Garden State Investment Advisory Services LLC acquired a new stake in shares of Euro Tech Holdings Company Limited (NASDAQ:CLWT) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 312,338 shares of the company’s stock, valued at approximately $509,000. Garden State Investment Advisory Services LLC owned approximately 4.05% of Euro Tech as of its most recent SEC filing. Hedge funds and other institutional investors own 2.86% of the company’s stock.

About Euro Tech

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.