Euro Tech Holdings Company Limited (NASDAQ:CLWT) Short Interest Down 13.4% in January

Euro Tech Holdings Company Limited (NASDAQ:CLWT) saw a large drop in short interest in the month of January. As of January 15th, there was short interest totaling 34,705 shares, a drop of 13.4% from the December 31st total of 40,095 shares. Currently, 2.1% of the company’s shares are sold short. Based on an average daily volume of 5,020 shares, the days-to-cover ratio is presently 6.9 days. Based on an average daily volume of 5,020 shares, the days-to-cover ratio is presently 6.9 days. Currently, 2.1% of the company’s shares are sold short.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “sell (d+)” rating on shares of Euro Tech in a research report on Wednesday, January 21st. One analyst has rated the stock with a Sell rating, According to MarketBeat, the company currently has a consensus rating of “Sell”.

Euro Tech Trading Down 0.6%

NASDAQ:CLWT opened at $1.27 on Thursday. The company has a fifty day moving average of $1.21 and a 200 day moving average of $1.25. Euro Tech has a 52 week low of $0.99 and a 52 week high of $1.63.

Euro Tech (NASDAQ:CLWT) last released its quarterly earnings data on Tuesday, December 30th. The company reported ($0.01) earnings per share (EPS) for the quarter. The business had revenue of $2.94 million for the quarter.

Euro Tech Company Profile

Euro Tech Holdings Company Limited primarily distributes water treatment equipment, laboratory instruments, analyzers, test kits and related supplies, and power generation equipment to commercial customers, and governmental agencies in Hong Kong and the People's Republic of China. The company operates in two segments, Trading and Manufacturing, and Engineering. It sells analytical instruments, such as spectrophotometers, colorimeters, chromatographs, mass spectrometers, flow injector analyzers, automated sample preparation workstations, and atomic spectrometers; environmental monitoring instruments comprising air and water quality monitoring instruments; sample pre-treatment equipment; and general-purpose laboratory instruments consisting of water quality monitoring and analysis equipment.