Short Interest in Euro Tech Holdings Company Limited (NASDAQ:CLWT) Drops By 20.0%

Euro Tech Holdings Company Limited (NASDAQ:CLWT) saw a large decrease in short interest during the month of February. As of February 13th, there was short interest totaling 25,355 shares, a decrease of 20.0% from the January 29th total of 31,693 shares. Approximately 1.6% of the company’s stock are short sold. Based on an average daily trading volume, of 4,609 shares, the days-to-cover ratio is currently 5.5 days. Based on an average daily trading volume, of 4,609 shares, the days-to-cover ratio is currently 5.5 days. Approximately 1.6% of the company’s stock are short sold.

Euro Tech Stock Performance

Shares of CLWT stock opened at $1.40 on Thursday. The business has a 50 day moving average of $1.23 and a two-hundred day moving average of $1.24. Euro Tech has a 52 week low of $0.99 and a 52 week high of $1.63.

Euro Tech (NASDAQ:CLWT) last posted its earnings results on Tuesday, December 30th. The company reported ($0.01) EPS for the quarter. The business had revenue of $2.94 million for the quarter.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “sell (d+)” rating on shares of Euro Tech in a research report on Wednesday, January 21st. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company presently has a consensus rating of “Sell”.

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. It sells analytical instruments, such as spectrophotometers, colorimeters, chromatographs, mass spectrometers, flow injector analyzers, automated sample preparation workstations, and atomic spectrometers; environmental monitoring instruments comprising air and water quality monitoring instruments; sample pre-treatment equipment; and general-purpose laboratory instruments consisting of water quality monitoring and analysis equipment.