LQR House Inc. (NASDAQ:YHC) Short Interest Update

LQR House Inc. (NASDAQ:YHC) was the target of a large increase in short interest during the month of July. As of July 31st, there was short interest totaling 151,238 shares, an increase of 456.6% from the July 15th total of 27,171 shares. Currently, 17.1% of the company’s stock are short sold. Based on an average trading volume of 493,219 shares, the short-interest ratio is currently 0.3 days.

Analysts Set New Price Targets

Several research firms recently weighed in on YHC. Weiss Ratings restated a “sell (e+)” rating on shares of LQR House in a report on Friday, July 17th. Wall Street Zen upgraded LQR House to a “sell” rating in a report on Saturday, August 1st. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock presently has a consensus rating of “Sell”.

Hedge Funds Weigh In On LQR House

A hedge fund recently bought a new position in LQR House stock. Geode Capital Management LLC bought a new stake in shares of LQR House Inc. (NASDAQ:YHC) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 30,130 shares of the company’s stock, valued at approximately $27,000. Geode Capital Management LLC owned 0.21% of LQR House as of its most recent SEC filing.

LQR House Price Performance

Shares of YHC opened at $1.60 on Friday. The company has a market capitalization of $1.57 million, a PE ratio of -0.01 and a beta of 3.40. LQR House has a one year low of $1.27 and a one year high of $119.00. The company’s fifty day moving average price is $30.62 and its 200 day moving average price is $68.95.

About LQR House

LQR House, Inc provides digital marketing and brand development for alcoholic beverage space. It intends to integrate the supply, sales, and marketing facets of the alcoholic beverage space into one easy to use platform and become the one-stop-shop for everything related to alcohol. The company was founded on January 11, 2021 and is headquartered in Miami Beach, FL.