LiqTech International, Inc. (NASDAQ:LIQT) Short Interest Update

LiqTech International, Inc. (NASDAQ:LIQT) saw a significant increase in short interest in March. As of March 15th, there was short interest totalling 104,000 shares, an increase of 43.1% from the February 28th total of 72,700 shares. Approximately 1.5% of the shares of the stock are short sold. Based on an average daily trading volume, of 10,800 shares, the days-to-cover ratio is presently 9.6 days.

Hedge Funds Weigh In On LiqTech International

Several large investors have recently bought and sold shares of the business. Bleichroeder LP raised its position in shares of LiqTech International by 451.4% during the 4th quarter. Bleichroeder LP now owns 3,182,239 shares of the company’s stock valued at $5,865,000 after acquiring an additional 2,605,129 shares during the last quarter. WealthTrust Axiom LLC increased its holdings in LiqTech International by 15.1% in the fourth quarter. WealthTrust Axiom LLC now owns 207,862 shares of the company’s stock valued at $383,000 after purchasing an additional 27,300 shares during the last quarter. Geode Capital Management LLC lifted its stake in LiqTech International by 73.9% in the fourth quarter. Geode Capital Management LLC now owns 63,799 shares of the company’s stock valued at $116,000 after buying an additional 27,120 shares during the period. Finally, HighTower Advisors LLC boosted its holdings in LiqTech International by 49.2% during the fourth quarter. HighTower Advisors LLC now owns 57,599 shares of the company’s stock worth $106,000 after buying an additional 19,000 shares during the last quarter. 35.06% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Separately, StockNews.com started coverage on shares of LiqTech International in a report on Monday, January 13th. They set a “sell” rating on the stock.

LiqTech International Trading Up 8.1 %

LIQT traded up $0.12 during mid-day trading on Tuesday, reaching $1.61. The stock had a trading volume of 3,105 shares, compared to its average volume of 12,953. The stock has a market capitalization of $15.21 million, a P/E ratio of -0.88 and a beta of 0.98. LiqTech International has a 52 week low of $1.34 and a 52 week high of $3.20. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.62 and a current ratio of 2.66. The firm’s fifty day simple moving average is $1.60 and its two-hundred day simple moving average is $1.91.

LiqTech International (NASDAQ:LIQT) last announced its quarterly earnings data on Friday, March 28th. The company reported ($0.39) EPS for the quarter, missing analysts’ consensus estimates of ($0.37) by ($0.02). LiqTech International had a negative return on equity of 76.05% and a negative net margin of 69.76%. The firm had revenue of $3.80 million during the quarter, compared to analyst estimates of $3.80 million. On average, equities analysts predict that LiqTech International will post -1.64 EPS for the current year.

LiqTech International Company Profile

LiqTech International, Inc, a clean technology company, designs, develops, produces, markets, and sells automated filtering systems, ceramic silicon carbide liquid applications, and diesel particulate air filters in the United States, Canada, Europe, Asia, and South America. The company operates through Water, Ceramics, and Plastics segments.