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

Lianhe Sowell International Group Ltd (NASDAQ:LHSW) was the target of a significant drop in short interest in the month of August. As of August 14th, there was short interest totaling 21,939 shares, a drop of 58.6% from the July 30th total of 52,946 shares. Currently, 0.7% of the company’s stock are short sold. Based on an average daily volume of 52,843 shares, the days-to-cover ratio is presently 0.4 days.

Analyst Ratings Changes

A number of equities analysts recently weighed in on LHSW shares. Wall Street Zen cut Lianhe Sowell International Group from a “hold” rating to a “sell” rating in a research note on Saturday, August 22nd. Weiss Ratings reaffirmed 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 presently has a consensus rating of “Sell”.

Lianhe Sowell International Group Stock Up 7.7%

NASDAQ:LHSW opened at $3.93 on Friday. The business’s fifty day moving average price is $2.69 and its 200 day moving average price is $2.96. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.07 and a quick ratio of 1.04. Lianhe Sowell International Group has a 1-year low of $1.12 and a 1-year high of $47.52.

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

Institutional Trading of Lianhe Sowell International Group

A hedge fund recently bought a new stake in Lianhe Sowell International Group stock. Citadel Advisors LLC bought a new position in Lianhe Sowell International Group Ltd (NASDAQ:LHSW) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 20,224 shares of the company’s stock, valued at approximately $42,000.

Lianhe Sowell International Group Company Profile

Lianhe Sowell International Group Ltd. is a holding company, which engages in trading of electronic products and software development. Its products include Intelligent traffic, low voltage Intelligent Integration, Industrial Intelligence, Industrial machine vision, and precision visual Al painting robot. The company was founded by Yue Zhu on April 6, 2007 and is headquartered in Shenzhen, China.