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

Euro Tech Holdings Company Limited (NASDAQ:CLWT) was the target of a significant decrease in short interest in August. As of August 31st, there was short interest totaling 14,129 shares, a decrease of 38.9% from the August 15th total of 23,108 shares. Based on an average trading volume of 14,276 shares, the short-interest ratio is currently 1.0 days. Currently, 0.9% of the company’s stock are short sold.

Euro Tech Stock Performance

NASDAQ CLWT remained flat at $1.51 during trading hours on Friday. The company had a trading volume of 4,551 shares, compared to its average volume of 643,706. The stock has a fifty day simple moving average of $1.60 and a 200-day simple moving average of $1.41. Euro Tech has a 1 year low of $0.99 and a 1 year high of $2.68.

About Euro Tech

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. It sells analytical instruments, such as spectrophotometers, colorimeters, chromatographs, mass spectrometers, flow injector analyzers, automated sample preparation workstations, and atomic spectrometers; environmental monitoring instruments comprising air and water quality monitoring instruments; sample pre-treatment equipment; and general-purpose laboratory instruments consisting of water quality monitoring and analysis equipment.