LQR House Inc. (NASDAQ:YHC) Sees Significant Decrease in Short Interest

LQR House Inc. (NASDAQ:YHCGet Free Report) was the target of a large decline in short interest in the month of May. As of May 29th, there was short interest totaling 110,877 shares, a decline of 50.7% from the May 14th total of 224,995 shares. Currently, 0.9% of the company’s shares are short sold. Based on an average trading volume of 187,138 shares, the short-interest ratio is currently 0.6 days.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of LQR House in a report on Monday, April 20th. One analyst has rated the stock with a Sell rating, According to MarketBeat, the stock presently has a consensus rating of “Sell”.

View Our Latest Stock Report on YHC

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in LQR House stock. Geode Capital Management LLC purchased a new position in shares of LQR House Inc. (NASDAQ:YHCFree Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 30,130 shares of the company’s stock, valued at approximately $27,000. Geode Capital Management LLC owned approximately 0.21% of LQR House at the end of the most recent reporting period.

LQR House Trading Down 6.1%

Shares of NASDAQ YHC opened at $0.76 on Friday. LQR House has a twelve month low of $0.50 and a twelve month high of $11.14. The stock has a market capitalization of $10.73 million, a PE ratio of -0.51 and a beta of 2.78. The stock has a fifty day simple moving average of $0.89 and a 200-day simple moving average of $0.90.

LQR House (NASDAQ:YHCGet Free Report) last announced its quarterly earnings results on Friday, May 15th. The company reported ($0.04) earnings per share (EPS) for the quarter. The business had revenue of $0.22 million during the quarter. LQR House had a negative net margin of 1,769.54% and a negative return on equity of 45.42%.

About LQR House

(Get Free Report)

LQR House, Inc provides digital marketing and brand development for alcoholic beverage space. It intends to integrate the supply, sales, and marketing facets of the alcoholic beverage space into one easy to use platform and become the one-stop-shop for everything related to alcohol. The company was founded on January 11, 2021 and is headquartered in Miami Beach, FL.

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