Short Interest in Linkhome Holdings Inc. (NASDAQ:LHAI) Increases By 1,479.0%

Linkhome Holdings Inc. (NASDAQ:LHAI) was the target of a large growth in short interest in December. As of December 31st, there was short interest totaling 939,008 shares, a growth of 1,479.0% from the December 15th total of 59,470 shares. Based on an average daily trading volume, of 1,943,313 shares, the short-interest ratio is currently 0.5 days. Currently, 5.8% of the shares of the stock are short sold. Currently, 5.8% of the shares of the stock are short sold. Based on an average daily trading volume, of 1,943,313 shares, the short-interest ratio is currently 0.5 days.

Institutional Trading of Linkhome

A hedge fund recently bought a new stake in Linkhome stock. Citadel Advisors LLC bought a new stake in shares of Linkhome Holdings Inc. (NASDAQ:LHAI) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 13,247 shares of the company’s stock, valued at approximately $120,000. Citadel Advisors LLC owned 0.08% of Linkhome at the end of the most recent reporting period.

Wall Street Analyst Weigh In

Separately, Weiss Ratings initiated coverage on shares of Linkhome in a research report on Friday, October 17th. They set a “sell (e-)” rating on the stock. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Linkhome has an average rating of “Sell”.

Linkhome Price Performance

NASDAQ LHAI opened at $6.95 on Wednesday. Linkhome has a 52 week low of $4.20 and a 52 week high of $22.33. The stock has a market capitalization of $112.80 million and a price-to-earnings ratio of 173.79. The stock’s fifty day moving average price is $10.49.

Linkhome Company Profile

Linkhome is an artificial intelligence-driven property technology company. By using HomeGPT, a Linkhome-developed real estate artificial intelligence model, combined with financial innovation and in conjunction with our dedicated team of agents, we have made significant and cost-effective improvements to the business model of buying and selling homes. Through our subsidiaries, we operate an artificial intelligence real estate platform with the goal of providing customers with end-to-end real estate solutions and services, initially comprising real estate brokerage services, Cash Offer, and other services like property rental management and home renovation.