LiqTech International Inc (NYSE:LIQT) was the recipient of a large increase in short interest during the month of August. As of August 15th, there was short interest totalling 229,304 shares, an increase of 166.6% from the July 31st total of 86,021 shares. Currently, 0.8% of the shares of the stock are sold short. Based on an average trading volume of 81,902 shares, the short-interest ratio is currently 2.8 days.

Shares of LiqTech International (NYSE:LIQT) opened at 0.415 on Tuesday. LiqTech International has a 1-year low of $0.25 and a 1-year high of $0.91. The firm’s market capitalization is $18.36 million. The firm’s 50 day moving average is $0.35 and its 200 day moving average is $0.38.

LiqTech International (NYSE:LIQT) last released its quarterly earnings results on Monday, August 14th. The industrial goods maker reported ($0.03) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.02) by $0.01. The business had revenue of $2.93 million for the quarter, compared to analyst estimates of $3.10 million. LiqTech International had a negative return on equity of 57.07% and a negative net margin of 28.07%. Analysts anticipate that LiqTech International will post ($0.07) EPS for the current fiscal year.

An institutional investor recently raised its position in LiqTech International stock. WealthTrust Axiom LLC boosted its position in LiqTech International Inc (NYSE:LIQT) by 5.7% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 774,406 shares of the industrial goods maker’s stock after buying an additional 42,000 shares during the period. WealthTrust Axiom LLC owned 1.79% of LiqTech International worth $247,000 as of its most recent SEC filing.

Separately, Zacks Investment Research raised shares of LiqTech International from a “sell” rating to a “buy” rating and set a $0.50 price objective on the stock in a research note on Tuesday, May 30th.

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LiqTech International Company Profile

LiqTech International, Inc is a clean technology company that provides technologies for gas and liquid purification by manufacturing ceramic silicon carbide filters. The Company develops and manufactures products of re-crystallized silicon carbide. It specializes in two business areas, which include ceramic membranes for liquid filtration, and diesel particulate filters (DPFs) for the control of soot exhaust particles from diesel engines.

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