Short Interest in Li Bang International Corporation Inc. (NASDAQ:LBGJ) Grows By 407.7%

Li Bang International Corporation Inc. (NASDAQ:LBGJ) saw a large growth in short interest during the month of February. As of February 27th, there was short interest totaling 68,824 shares, a growth of 407.7% from the February 12th total of 13,555 shares. Based on an average daily volume of 11,737,566 shares, the days-to-cover ratio is currently 0.0 days. Approximately 2.1% of the company’s stock are short sold. Approximately 2.1% of the company’s stock are short sold. Based on an average daily volume of 11,737,566 shares, the days-to-cover ratio is currently 0.0 days.

Li Bang International Stock Performance

Shares of Li Bang International stock traded up $0.00 during trading hours on Wednesday, reaching $0.10. 7,951,121 shares of the stock traded hands, compared to its average volume of 4,702,584. The company has a 50 day moving average price of $0.68 and a 200 day moving average price of $0.76. Li Bang International has a one year low of $0.08 and a one year high of $2.00. The company has a current ratio of 1.18, a quick ratio of 1.09 and a debt-to-equity ratio of 0.39.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Li Bang International in a report on Thursday, January 22nd. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Li Bang International presently has an average rating of “Sell”.

Li Bang International Company Profile

Li Bang International Corporation Inc specializes in the research, development, production and sale of stainless steel commercial kitchen equipment under its own `Li Bang` brand principally in China. In addition to its product offerings, the Company provides comprehensive services from early-stage design of commercial kitchen appliances to equipment installation and after-sales maintenance. Li Bang International Corporation Inc is based in Jiangyin, China.