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

Lianhe Sowell International Group Ltd (NASDAQ:LHSW) saw a large drop in short interest in the month of August. As of August 31st, there was short interest totaling 13,196 shares, a drop of 39.9% from the August 15th total of 21,939 shares. Based on an average daily volume of 251,435 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.4% of the shares of the company are sold short.

Analyst Ratings Changes

Several analysts have issued reports on the company. Wall Street Zen lowered Lianhe Sowell International Group from a “hold” rating to a “sell” rating in a report on Saturday, August 22nd. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Lianhe Sowell International Group in a research report on Friday, August 14th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Sell”.

Lianhe Sowell International Group Price Performance

Lianhe Sowell International Group stock traded down $0.04 during mid-day trading on Friday, hitting $0.47. The stock had a trading volume of 288,250 shares, compared to its average volume of 1,771,214. The company has a current ratio of 1.07, a quick ratio of 1.04 and a debt-to-equity ratio of 0.05. The firm’s 50 day moving average is $2.60 and its 200 day moving average is $2.81. Lianhe Sowell International Group has a one year low of $0.43 and a one year high of $47.52.

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

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.