LQR House Inc. (NASDAQ:YHC) Short Interest Update

LQR House Inc. (NASDAQ:YHC) saw a large decline in short interest in January. As of January 15th, there was short interest totaling 507,765 shares, a decline of 13.5% from the December 31st total of 586,939 shares. Based on an average daily trading volume, of 386,231 shares, the short-interest ratio is presently 1.3 days. Approximately 3.6% of the shares of the stock are sold short. Approximately 3.6% of the shares of the stock are sold short. Based on an average daily trading volume, of 386,231 shares, the short-interest ratio is presently 1.3 days.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of LQR House in a report on Wednesday, January 21st. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock has an average rating of “Sell”.

LQR House Price Performance

YHC stock opened at $0.84 on Thursday. The firm has a market capitalization of $11.91 million, a P/E ratio of -0.01 and a beta of 4.38. LQR House has a 52-week low of $0.68 and a 52-week high of $98.00. The company’s 50 day simple moving average is $0.92 and its 200-day simple moving average is $0.94.

Insider Buying and Selling at LQR House

In other news, President Yilin Lu bought 2,000,000 shares of the firm’s stock in a transaction that occurred on Wednesday, December 17th. The stock was acquired at an average price of $0.90 per share, with a total value of $1,800,000.00. Following the completion of the purchase, the president directly owned 2,000,537 shares of the company’s stock, valued at $1,800,483.30. This represents a 372,439.48% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. 9.37% of the stock is currently owned by company insiders.

LQR House Company Profile

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.