Short Interest in SOS Limited Unsponsored ADR (NYSE:SOS) Grows By 149.0%

SOS Limited Unsponsored ADR (NYSE:SOS) saw a significant increase in short interest in the month of December. As of December 31st, there was short interest totaling 294,947 shares, an increase of 149.0% from the December 15th total of 118,476 shares. Based on an average trading volume of 106,997 shares, the short-interest ratio is currently 2.8 days. Currently, 4.5% of the shares of the company are short sold. Currently, 4.5% of the shares of the company are short sold. Based on an average trading volume of 106,997 shares, the short-interest ratio is currently 2.8 days.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on the company. Wall Street Zen lowered SOS from a “hold” rating to a “sell” rating in a report on Friday, October 3rd. Weiss Ratings reissued a “sell (e+)” rating on shares of SOS in a report on Wednesday, October 8th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the stock currently has an average rating of “Sell”.

SOS Stock Performance

Shares of SOS opened at $1.77 on Wednesday. SOS has a one year low of $1.02 and a one year high of $9.62. The firm has a 50 day simple moving average of $1.44 and a two-hundred day simple moving average of $2.55.

SOS (NYSE:SOS) last released its earnings results on Friday, September 26th. The company reported ($1.04) earnings per share (EPS) for the quarter. The business had revenue of $44.80 million during the quarter.

About SOS

SOS Limited is a China-based specialty chemical company that develops, manufactures and markets a broad portfolio of water treatment, glycol and surfactant products. Founded in 1997 and headquartered in Shanghai, the company focuses on delivering high-performance solutions for industrial, municipal and household applications. Its core mission is to address water conservation and pollution control challenges while supporting downstream industries with essential chemical inputs.

The company’s primary offerings include a range of water treatment chemicals such as coagulants, flocculants and scale inhibitors designed for use in power plants, petrochemical facilities, and municipal waterworks.