Li Bang International Corporation Inc. (NASDAQ:LBGJ) Short Interest Down 49.1% in January

Li Bang International Corporation Inc. (NASDAQ:LBGJ) was the target of a large decrease in short interest during the month of January. As of January 30th, there was short interest totaling 18,203 shares, a decrease of 49.1% from the January 15th total of 35,755 shares. Based on an average trading volume of 25,937 shares, the days-to-cover ratio is currently 0.7 days. Approximately 0.5% of the company’s stock are sold short. Approximately 0.5% of the company’s stock are sold short. Based on an average trading volume of 25,937 shares, the days-to-cover ratio is currently 0.7 days.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Li Bang International in a research report on Thursday, January 22nd. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock presently has an average rating of “Sell”.

Li Bang International Stock Up 3.3%

LBGJ traded up $0.03 on Friday, hitting $0.82. 292 shares of the company traded hands, compared to its average volume of 68,093. Li Bang International has a 12-month low of $0.42 and a 12-month high of $2.93. The company has a 50 day moving average of $0.70 and a 200-day moving average of $0.86. The company has a quick ratio of 1.09, a current ratio of 1.18 and a debt-to-equity ratio of 0.39.

Li Bang International Company Profile

Li Bang International Corporation Inc specializes in the research, development, production and sale of stainless steel commercial kitchen equipment under its own `Li Bang` brand principally in China. In addition to its product offerings, the Company provides comprehensive services from early-stage design of commercial kitchen appliances to equipment installation and after-sales maintenance. Li Bang International Corporation Inc is based in Jiangyin, China.