Lianhe Sowell International Group Ltd (NASDAQ:LHSW) Short Interest Update

Lianhe Sowell International Group Ltd (NASDAQ:LHSW) saw a large growth in short interest during the month of September. As of September 15th, there was short interest totaling 935,549 shares, a growth of 6,989.6% from the August 31st total of 13,196 shares. Currently, 28.8% of the shares of the stock are short sold. Based on an average daily volume of 15,705,879 shares, the days-to-cover ratio is currently 0.1 days.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on LHSW shares. Wall Street Zen lowered shares of Lianhe Sowell International Group from a “hold” rating to a “sell” rating in a research report on Saturday, August 22nd. Weiss Ratings reiterated a “sell (d)” rating on shares of Lianhe Sowell International Group in a research note on Friday, August 14th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company has a consensus rating of “Sell”.

Lianhe Sowell International Group Stock Down 0.4%

NASDAQ LHSW traded down $0.00 during trading hours on Thursday, reaching $0.76. The company’s stock had a trading volume of 1,522,589 shares, compared to its average volume of 3,672,233. The firm has a fifty day simple moving average of $2.43 and a 200-day simple moving average of $2.75. The company has a quick ratio of 1.04, a current ratio of 1.07 and a debt-to-equity ratio of 0.05. Lianhe Sowell International Group has a 52 week low of $0.42 and a 52 week high of $37.44.

Lianhe Sowell International Group (NASDAQ:LHSW) last announced its quarterly earnings results on Thursday, August 13th. The company reported ($0.79) earnings per share (EPS) for the quarter. The business had revenue of $8.37 million for the quarter.

Lianhe Sowell International Group Company Profile

Lianhe Sowell International Group Limited (NASDAQ: LHSW) is a holding company focused on industrial automation and intelligent manufacturing solutions. Through its operating subsidiaries, the company provides equipment and related services designed to support automated production, inspection and quality-control processes.

Its offerings are centered on automation technologies such as machine-vision inspection systems and other production-line equipment. These solutions are intended to help manufacturers improve manufacturing efficiency, product consistency and process monitoring across industrial applications.

The company’s operations are primarily associated with the Chinese manufacturing market.