Short Interest in Linkhome Holdings Inc. (NASDAQ:LHAI) Drops By 28.3%

Linkhome Holdings Inc. (NASDAQ:LHAI) was the target of a significant decline in short interest during the month of February. As of February 27th, there was short interest totaling 209,074 shares, a decline of 28.3% from the February 12th total of 291,601 shares. Based on an average daily trading volume, of 82,567 shares, the days-to-cover ratio is presently 2.5 days. Currently, 1.3% of the shares of the stock are sold short. Currently, 1.3% of the shares of the stock are sold short. Based on an average daily trading volume, of 82,567 shares, the days-to-cover ratio is presently 2.5 days.

Linkhome Stock Down 1.4%

LHAI stock traded down $0.02 during trading on Friday, hitting $1.39. The company had a trading volume of 116,692 shares, compared to its average volume of 86,999. The firm has a 50-day moving average price of $2.57 and a 200-day moving average price of $7.48. Linkhome has a 12 month low of $1.02 and a 12 month high of $22.33. The stock has a market cap of $22.56 million and a price-to-earnings ratio of 34.75.

Analysts Set New Price Targets

Separately, Wall Street Zen raised shares of Linkhome from a “sell” rating to a “hold” rating in a report on Sunday, February 1st. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company has a consensus rating of “Sell”.

Institutional Investors Weigh In On Linkhome

Institutional investors and hedge funds have recently made changes to their positions in the company. 683 Capital Management LLC acquired a new position in shares of Linkhome during the fourth quarter valued at $573,000. Millennium Management LLC acquired a new stake in Linkhome in the third quarter worth about $268,000. OMERS ADMINISTRATION Corp bought a new stake in Linkhome during the 4th quarter worth about $175,000. Goldman Sachs Group Inc. bought a new stake in Linkhome during the 4th quarter worth about $101,000. Finally, Citadel Advisors LLC acquired a new position in Linkhome during the 3rd quarter valued at about $120,000.

Linkhome Company Profile

Linkhome is an artificial intelligence-driven property technology company. By using HomeGPT, a Linkhome-developed real estate artificial intelligence model, combined with financial innovation and in conjunction with our dedicated team of agents, we have made significant and cost-effective improvements to the business model of buying and selling homes. Through our subsidiaries, we operate an artificial intelligence real estate platform with the goal of providing customers with end-to-end real estate solutions and services, initially comprising real estate brokerage services, Cash Offer, and other services like property rental management and home renovation.