Euro Tech Holdings Company Limited (NASDAQ:CLWT) Shares Shorted: Short Interest Up 3,625.8% in October

Euro Tech Holdings Company Limited (NASDAQ:CLWT) was the recipient of a significant growth in short interest in October. As of October 15th, there was short interest totaling 130,664 shares, a growth of 3,625.8% from the September 30th total of 3,507 shares. Based on an average daily trading volume, of 6,372,151 shares, the short-interest ratio is presently 0.0 days. Currently, 8.4% of the company’s stock are sold short.

Analysts Set New Price Targets

Separately, Weiss Ratings upgraded shares of Euro Tech from a “sell (d+)” rating to a “hold (c-)” rating in a report on Friday, September 25th. One investment analyst has rated the stock with a Hold rating. According to MarketBeat, the company has an average rating of “Hold”.

Euro Tech Price Performance

Shares of NASDAQ CLWT traded down $0.04 during midday trading on Monday, reaching $1.31. The company’s stock had a trading volume of 13,432 shares, compared to its average volume of 932,546. Euro Tech has a 12-month low of $0.99 and a 12-month high of $2.68. The firm has a 50 day moving average price of $1.52 and a 200-day moving average price of $1.45.

Euro Tech Company Profile

Euro Tech Holdings Company Limited (NASDAQ: CLWT) is a Hong Kong-based company that supplies water treatment, environmental protection, and laboratory equipment. Its products are used in municipal and industrial water and wastewater treatment, environmental monitoring, and scientific testing applications.

The company distributes equipment such as water purification and wastewater treatment systems, pumps, valves, membrane and filtration products, ultraviolet disinfection systems, sludge treatment equipment, and related monitoring and analytical instruments.