Euro Tech Holdings Company Limited (NASDAQ:CLWT) Sees Large Increase in Short Interest

Euro Tech Holdings Company Limited (NASDAQ:CLWT) was the recipient of a large increase in short interest during the month of December. As of December 31st, there was short interest totalling 4,000 shares, an increase of 14.3% from the December 15th total of 3,500 shares. Based on an average daily trading volume, of 7,400 shares, the short-interest ratio is presently 0.5 days. Approximately 0.1% of the company’s stock are short sold.

Euro Tech Trading Down 3.9 %

Euro Tech stock traded down $0.05 during midday trading on Friday, reaching $1.34. The company’s stock had a trading volume of 4,826 shares, compared to its average volume of 6,689. Euro Tech has a 52-week low of $1.28 and a 52-week high of $1.94. The stock’s 50-day simple moving average is $1.43 and its 200-day simple moving average is $1.51.

Analyst Upgrades and Downgrades

Separately, StockNews.com initiated coverage on Euro Tech in a research report on Monday, January 13th. They set a “sell” rating on the stock.

Hedge Funds Weigh In On Euro Tech

An institutional investor recently bought a new position in Euro Tech stock. Garden State Investment Advisory Services LLC acquired a new position in Euro Tech Holdings Company Limited (NASDAQ:CLWT) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 312,338 shares of the company’s stock, valued at approximately $509,000. Garden State Investment Advisory Services LLC owned 4.05% of Euro Tech at the end of the most recent reporting period. Hedge funds and other institutional investors own 2.86% of the company’s stock.

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.