Short Interest in E-Home Household Service Holdings Limited (NASDAQ:EJH) Declines By 34.4%

E-Home Household Service Holdings Limited (NASDAQ:EJH) was the recipient of a significant decline in short interest in the month of May. As of May 29th, there was short interest totaling 8,670 shares, a decline of 34.4% from the May 14th total of 13,220 shares. Currently, 0.5% of the company’s shares are sold short. Based on an average daily volume of 7,944 shares, the days-to-cover ratio is currently 1.1 days.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of E-Home Household Service in a research note on Friday, March 27th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, E-Home Household Service presently has a consensus rating of “Sell”.

E-Home Household Service Trading Down 0.3%

Shares of NASDAQ:EJH traded down $0.00 on Tuesday, reaching $1.58. The company had a trading volume of 4,899 shares, compared to its average volume of 47,405. E-Home Household Service has a 52-week low of $1.25 and a 52-week high of $108.75. The firm’s 50 day simple moving average is $1.64 and its 200-day simple moving average is $10.93.

E-Home Household Service (NASDAQ:EJH) last announced its quarterly earnings results on Monday, April 13th. The company reported ($0.06) earnings per share (EPS) for the quarter. The firm had revenue of $13.15 million during the quarter.

Insiders Place Their Bets

In other E-Home Household Service news, CEO Xie Wenshan acquired 192,000 shares of the stock in a transaction that occurred on Thursday, April 23rd. The stock was bought at an average cost of $1.25 per share, with a total value of $240,000.00. Following the completion of the purchase, the chief executive officer directly owned 744,295 shares in the company, valued at $930,368.75. The trade was a 34.76% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 10.68% of the stock is currently owned by company insiders.

Institutional Trading of E-Home Household Service

An institutional investor recently bought a new position in E-Home Household Service stock. Citadel Advisors LLC purchased a new stake in shares of E-Home Household Service Holdings Limited (NASDAQ:EJH) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 28,464 shares of the company’s stock, valued at approximately $30,000. Citadel Advisors LLC owned about 0.71% of E-Home Household Service as of its most recent filing with the Securities & Exchange Commission. Hedge funds and other institutional investors own 37.31% of the company’s stock.

E-Home Household Service Company Profile

E-Home Household Service (NASDAQ:EJH) is a China-based provider of residential and commercial household services delivered through an integrated online platform. The company connects end customers with a network of vetted service providers, offering a one-stop solution for a range of in-home and property maintenance needs. E-Home’s technology-driven model emphasizes convenience, transparent pricing and quality control, enabling customers to book services via mobile app or web interface and track job progress in real time.

The company’s core service offerings include professional house cleaning, renovation and decoration, plumbing and electrical repairs, HVAC maintenance, landscaping and moving assistance.