E-Home Household Service Holdings Limited (NASDAQ:EJH) Short Interest Update

E-Home Household Service Holdings Limited (NASDAQ:EJH) saw a large drop in short interest in the month of May. As of May 29th, there was short interest totaling 8,670 shares, a drop of 34.4% from the May 14th total of 13,220 shares. Currently, 0.5% of the company’s shares are short sold. Based on an average daily volume of 7,944 shares, the days-to-cover ratio is presently 1.1 days.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of E-Home Household Service in a research note on Friday, March 27th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company presently has an average rating of “Sell”.

E-Home Household Service Trading Up 5.7%

EJH stock opened at $1.67 on Wednesday. E-Home Household Service has a 1 year low of $1.25 and a 1 year high of $108.75. The stock has a 50-day simple moving average of $1.64 and a 200-day simple moving average of $10.79.

E-Home Household Service (NASDAQ:EJH) last issued its quarterly earnings data on Monday, April 13th. The company reported ($0.06) earnings per share for the quarter. The business had revenue of $13.15 million during the quarter.

Insider Activity

In related news, CEO Xie Wenshan bought 192,000 shares of the stock in a transaction dated Thursday, April 23rd. The stock was acquired at an average price of $1.25 per share, for a total transaction of $240,000.00. Following the completion of the purchase, the chief executive officer owned 744,295 shares in the company, valued at $930,368.75. This represents a 34.76% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 10.68% of the company’s stock.

Institutional Investors Weigh In On E-Home Household Service

An institutional investor recently bought a new position in E-Home Household Service stock. Goldman Sachs Group Inc. acquired a new stake in shares of E-Home Household Service Holdings Limited (NASDAQ:EJH) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 113,608 shares of the company’s stock, valued at approximately $133,000. Goldman Sachs Group Inc. owned approximately 0.14% of E-Home Household Service as of its most recent SEC filing. 37.31% of the stock is owned by institutional investors.

E-Home Household Service Company Profile

E-Home Household Service (NASDAQ:EJH) is a China-based provider of residential and commercial household services delivered through an integrated online platform. The company connects end customers with a network of vetted service providers, offering a one-stop solution for a range of in-home and property maintenance needs. E-Home’s technology-driven model emphasizes convenience, transparent pricing and quality control, enabling customers to book services via mobile app or web interface and track job progress in real time.

The company’s core service offerings include professional house cleaning, renovation and decoration, plumbing and electrical repairs, HVAC maintenance, landscaping and moving assistance.