Eshallgo Inc. (NASDAQ:EHGO) Short Interest Down 37.2% in September

Eshallgo Inc. (NASDAQ:EHGO) saw a significant decline in short interest during the month of September. As of September 15th, there was short interest totaling 76,900 shares, a decline of 37.2% from the August 31st total of 122,500 shares. Currently, 0.5% of the company’s stock are sold short. Based on an average daily trading volume, of 1,140,000 shares, the short-interest ratio is currently 0.1 days. Based on an average daily trading volume, of 1,140,000 shares, the short-interest ratio is currently 0.1 days. Currently, 0.5% of the company’s stock are sold short.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Eshallgo in a research note on Saturday, September 27th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company presently has a consensus rating of “Sell”.

Eshallgo Stock Up 0.0%

EHGO stock opened at $0.61 on Tuesday. The business has a 50 day moving average of $0.69 and a 200-day moving average of $0.89. Eshallgo has a 12-month low of $0.57 and a 12-month high of $5.50.

About Eshallgo

Eshallgo Inc, through its subsidiaries, engages in the sale and leasing of office equipment and after-sale maintenance and repair services in the People’s Republic of China. The company also sells office furniture, IT products, water dispensers, printing papers, and other products, as well as provides maintenance services with enterprise resource planning systems.