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

E-Home Household Service Holdings Limited (NASDAQ:EJH) saw a large increase in short interest in March. As of March 13th, there was short interest totaling 255,302 shares, an increase of 134.1% from the February 26th total of 109,052 shares. Based on an average daily volume of 7,247,226 shares, the short-interest ratio is presently 0.0 days. Currently, 0.6% of the company’s stock are sold short.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in E-Home Household Service stock. Goldman Sachs Group Inc. acquired a new position in E-Home Household Service Holdings Limited (NASDAQ:EJH) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 113,608 shares of the company’s stock, valued at approximately $133,000. Goldman Sachs Group Inc. owned about 0.14% of E-Home Household Service at the end of the most recent quarter. 37.31% of the stock is currently owned by hedge funds and other institutional investors.

E-Home Household Service Stock Up 4.8%

Shares of NASDAQ:EJH opened at $0.10 on Friday. The business’s 50 day moving average is $0.54 and its 200 day moving average is $0.79. E-Home Household Service has a 12-month low of $0.08 and a 12-month high of $64.00.

E-Home Household Service’s stock is going to reverse split on Monday, March 30th. The 1-25 reverse split was announced on Wednesday, March 25th. The number of shares owned by shareholders will be adjusted after the closing bell on Friday, March 27th.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of E-Home Household Service in a research note on Monday, December 29th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock has an average rating of “Sell”.

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.