Short Interest in Lianhe Sowell International Group Ltd (NASDAQ:LHSW) Expands By 68.2%

Lianhe Sowell International Group Ltd (NASDAQ:LHSW) saw a significant growth in short interest in the month of December. As of December 31st, there was short interest totaling 41,378 shares, a growth of 68.2% from the December 15th total of 24,603 shares. Based on an average daily trading volume, of 49,079 shares, the short-interest ratio is presently 0.8 days. Approximately 0.1% of the company’s stock are short sold. Approximately 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 49,079 shares, the short-interest ratio is presently 0.8 days.

Lianhe Sowell International Group Trading Down 4.7%

NASDAQ:LHSW opened at $0.74 on Friday. The business’s 50-day simple moving average is $1.05 and its 200 day simple moving average is $1.85. Lianhe Sowell International Group has a one year low of $0.51 and a one year high of $8.18.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Lianhe Sowell International Group stock. Citadel Advisors LLC purchased a new stake in shares of Lianhe Sowell International Group Ltd (NASDAQ:LHSW) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 20,224 shares of the company’s stock, valued at approximately $42,000.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “sell (e)” rating on shares of Lianhe Sowell International Group in a report on Tuesday, October 14th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Lianhe Sowell International Group currently has a consensus rating of “Sell”.

About Lianhe Sowell International Group

Lianhe Sowell International Group Ltd. is a holding company, which engages in trading of electronic products and software development. Its products include Intelligent traffic, low voltage Intelligent Integration, Industrial Intelligence, Industrial machine vision, and precision visual Al painting robot. The company was founded by Yue Zhu on April 6, 2007 and is headquartered in Shenzhen, China.