LightInTheBox Holding Co., Ltd. (NYSE:LITB) Short Interest Update

LightInTheBox Holding Co., Ltd. (NYSE:LITB) was the recipient of a large decrease in short interest during the month of December. As of December 15th, there was short interest totaling 8,058 shares, a decrease of 27.7% from the November 30th total of 11,139 shares. Based on an average daily volume of 9,020 shares, the days-to-cover ratio is currently 0.9 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 volume of 9,020 shares, the days-to-cover ratio is currently 0.9 days.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of LightInTheBox in a research note on Monday. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company currently has a consensus rating of “Sell”.

LightInTheBox Stock Performance

Shares of NYSE:LITB traded down $0.18 on Wednesday, hitting $2.24. The company’s stock had a trading volume of 19,746 shares, compared to its average volume of 23,806. LightInTheBox has a 12 month low of $0.91 and a 12 month high of $4.17. The company has a market capitalization of $41.19 million, a price-to-earnings ratio of 7.72 and a beta of -0.31. The stock’s 50-day moving average is $2.38 and its two-hundred day moving average is $1.85.

LightInTheBox (NYSE:LITB) last announced its quarterly earnings data on Wednesday, November 12th. The technology company reported $0.15 earnings per share (EPS) for the quarter. The business had revenue of $55.46 million during the quarter. LightInTheBox had a negative return on equity of 49.34% and a net margin of 2.47%.

About LightInTheBox

LightInTheBox Co, Ltd. is a China-based global online retailer specializing in direct-to-consumer e-commerce. Headquartered in Beijing, the company operates two primary platforms—LightInTheBox and MiniInTheBox—that cater to customers around the world. Through these websites and mobile applications, it offers a broad range of merchandise, from fashion apparel and accessories to home and garden products, electronics, and wedding essentials.

Since its founding in 2007, LightInTheBox has focused on providing affordable, trend-driven items sourced from a network of suppliers in Asia.