Li Bang International Corporation Inc. (NASDAQ:LBGJ) Short Interest Down 49.1% in January

Li Bang International Corporation Inc. (NASDAQ:LBGJ) saw a significant decline in short interest in the month of January. As of January 30th, there was short interest totaling 18,203 shares, a decline of 49.1% from the January 15th total of 35,755 shares. Currently, 0.5% of the shares of the company are sold short. Based on an average daily volume of 25,937 shares, the short-interest ratio is currently 0.7 days. Based on an average daily volume of 25,937 shares, the short-interest ratio is currently 0.7 days. Currently, 0.5% of the shares of the company are sold short.

Li Bang International Stock Performance

Shares of NASDAQ:LBGJ traded up $0.01 during trading on Thursday, reaching $0.81. The stock had a trading volume of 877 shares, compared to its average volume of 70,325. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.09 and a current ratio of 1.18. Li Bang International has a 1-year low of $0.42 and a 1-year high of $2.93. The business has a fifty day moving average price of $0.70 and a 200-day moving average price of $0.86.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Li Bang International in a research note on Thursday, January 22nd. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company has an average rating of “Sell”.

Li Bang International Company Profile

Li Bang International Corporation Inc specializes in the research, development, production and sale of stainless steel commercial kitchen equipment under its own `Li Bang` brand principally in China. In addition to its product offerings, the Company provides comprehensive services from early-stage design of commercial kitchen appliances to equipment installation and after-sales maintenance. Li Bang International Corporation Inc is based in Jiangyin, China.