LightInTheBox Holding Co., Ltd. (NYSE:LITB) Sees Significant Increase in Short Interest

LightInTheBox Holding Co., Ltd. (NYSE:LITB) saw a significant increase in short interest during the month of April. As of April 15th, there was short interest totalling 35,600 shares, an increase of 64.1% from the March 31st total of 21,700 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 116,500 shares, the short-interest ratio is presently 0.3 days.

Wall Street Analyst Weigh In

Separately, StockNews.com initiated coverage on shares of LightInTheBox in a research report on Friday. They set a “buy” rating for the company.

LightInTheBox Stock Down 2.1 %

Shares of NYSE:LITB traded down $0.02 during trading on Monday, reaching $0.71. The stock had a trading volume of 26,625 shares, compared to its average volume of 98,450. The business has a fifty day moving average price of $0.80 and a 200-day moving average price of $1.03. The stock has a market cap of $78.93 million, a P/E ratio of -8.88 and a beta of 0.89. LightInTheBox has a fifty-two week low of $0.64 and a fifty-two week high of $1.70.

LightInTheBox (NYSE:LITB) last released its earnings results on Monday, March 25th. The technology company reported ($0.04) earnings per share (EPS) for the quarter. The company had revenue of $135.56 million for the quarter.

LightInTheBox Company Profile

LightInTheBox Holding Co, Ltd., together with its subsidiaries, operates as an online retailer that delivers products directly to its consumers worldwide. The company provides apparel products; and other general merchandise products, such as small accessories and gadgets, home garden, toys and hobbies, electronics and communication devices, and other products.