Euro Tech Holdings Company Limited (NASDAQ:CLWT) Stock Short Interest Declines 85.9%

Euro Tech Holdings Company Limited (NASDAQ:CLWT) was the target of a significant decline in short interest in October. As of October 30th, there was short interest totaling 18,406 shares, a decline of 85.9% from the October 15th total of 130,664 shares. Based on an average daily volume of 38,983 shares, the short-interest ratio is currently 0.5 days. Approximately 1.2% of the shares of the stock are sold short.

Analyst Ratings Changes

Separately, Weiss Ratings raised Euro Tech from a “sell (d+)” rating to a “hold (c-)” rating in a report on Friday, September 25th. One equities research analyst has rated the stock with a Hold rating. Based on data from MarketBeat.com, Euro Tech currently has a consensus rating of “Hold”.

Euro Tech Stock Performance

Shares of CLWT stock opened at $1.16 on Wednesday. Euro Tech has a one year low of $0.99 and a one year high of $2.68. The company’s fifty day moving average price is $1.43 and its 200-day moving average price is $1.38.

About Euro Tech

Euro Tech Holdings Company Limited, doing business as Euro Tech (NASDAQ: CLWT), is a Hong Kong-based distributor of water treatment equipment and analytical instruments. The company supplies products used in municipal and industrial water and wastewater treatment, as well as equipment for monitoring and analyzing water quality and industrial processes. Its product offerings include water filtration and purification systems, membrane-related equipment, pumps, ultraviolet and ozone treatment systems, and laboratory and environmental testing instruments.